Wednesday 9 September 2015

Trade Wed 09/09/15

 

 An example of a good trade of USD/JPY pair. I got ~$5 out of this which is roughly 69 pips. Not the best entry but this is a good entry, from what I can observe. 

I always got in my mind this idea of taking a reversal trade. This has proven my thoughts wrong. Always, always do my best not to fight the crowd. 

Although, I did not put stop loss in this trade. This is a wrong decisions (from negligence in my defense). Always put the stop loss. No exceptions.