Entered WAG for an hourly long trade.
This blog is geared towards improving my trading knowledge and recording my trades. I am not licensed to give financial advice. Trade at your own risk. It is your fault for losing in this money game.
Wednesday, April 20, 2011
WAG long entry
Exited GGB for .6% loss. This was an interesting trade for me. I think i should have exited much earlier and for a decent gain. It had a large down bar. I should have exited after the down bar even though it wasnt right next to my target yet. I need to expect exhaustion after any huge bar. It would have been a less rewarding exit but it would have shown profit. Im already wanting to exit after huge bars that close near my target level but now ill be a little more liberal with it. A huge bar closing in the last 1/3 of the area might be how i'll exit.
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