Monday, May 11, 2009

EUR USD- 08:22ET. Bad Start.




Not happy with this trade. I have increased my size slightly to see if I can continue to maintain the same discipline and, already, It would seem I've been influenced by the change. Got out with a 3.7 pip gain using a 10 pip stop....my target was 10-11 pips....

I made two errors of this kind last week (along with two technical analysis based errors)...won't read too much into this mistake until I've taken a few more trades.

Got to keep focus on the process not on the money.

No comments: