Tuesday 22 January 2008

A Heavy Blow

Closed long USD/CAD at 1.0333 for -17 pips
Closed short EUR/USD at 1.4443 for -72 pips

Only took 2 out of 3 signals on H1 time frame. All three signals were false and results could be worse. The signal software was totally out done by the volatile markets. I forgot to put in the usual 40-pip stop loss. I've seen this price action before. Hence, exit and forget. And it's the right decision so far.

See also:
An Unproductive Day

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