Thursday 16 December 2010

EUR/USD week 3 cont..(2)


 Hit my Sell stop at 1.3205, break down fractal








Close Position
Just check this morning, my stop loss was hit at 1.3264, previous 2nd up fractal, a total loss of 59 pips

There is a bullish divergence bar and an AO divergence on the 15 min chart, and then a twin peak signal occurred in the hourly chart.

Looking at this, I would've closed my position based on the twin peak signal, one tick above the corresponding bar high at 3242 (37 pips losses), a smaller losses, well but i wasn't awake at that time. :) hmm should've thought about this when putting a position at night.. ok noted :)

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