There are 2 times I broke the rule this month, first on 11/10/2009 and second is today 11/30/2009.
Today I didn't follow the route for I defined normally, which should be:
1. What is daily 3 hourly hourly 15 s/r and trend.
daily is up on 62 and flat on 5/13
3 hours down on 5/13 and falt on 62
hourly is down on 5/13 flat 62 and 5 is down crossing 13. support at 1.5000, 1.4830, 1.4960, resist 1.5070 1.5100, 1.5150
15 is down
62 of 5 minutes is at 1.5030
resist: 1.5042, 1.5070, 5090 5100, 5150
support 1.5000, 1.4880, 1.4940, 1.4970, 1.4990, 1.5000, 1.5020, 1.5050
2. Is there any news coming out in 30 minutes, what's trade. There is no news in the coming time. new home sale will be at 7 am, now it's 6. market open in 30 minues.
3. today's spread:0.9
4. What's the size of today, and what's the max risk. normal size, will risk 20 pips.
I will short on the resist
which means I should be shorting and only at 1.5040 level, now look at the chart, I was shorting allover the place, which much bigger size. my max risk was at -180 pips. which I turned around at hit a winnder for about +170 pips. That makes the over all today with +54 pips. I won't count this, or maybe I should count it as -180 to just make myself remember it.
So far the reckless trade:
2009-11-10, biggest risk at -240
2009-11-30, biggest risk at -180
2021 Trade Analysis
2 years ago
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