My EURJPY trade earlier this week saw me get in the trade at a great place... however, once again, I fluffed the exit. The chart is below:
The horizontal blue lines show where I entered and exited. I entered at 10657 after seeing the pinbar. I got a little wrapped up in the lower timeframe charts and saw resistance at 10700 and close the trade. I took 40 pips on the trade. You can see that the trade has since moved another 170 pips beyond my exit.. if I was still in this trade I would be
December 12, 2012
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If you'd been following my Twitter profile on http://www.twitter.com/makemoneyalan, where I post my trades in realtime, you would have seen that I entered long EURUSD on Monday at 12911.
I also posted the other day about how I wanted to move the stop to the days lows.... how I failed with that! I am still finding that I'm not holding onto my trades long enough and the temptation to exit my trades in a profit is still something that I need to work on.
Anyway, here's the trade:
The en
December 12, 2012
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