| ||||||||||
01/20/09 AUDUSD TradeThis was a pretty long term trade as my trades go, I carried this one for 7 days. Entry was a very large surprise box. Short 1 (100) AUDUSD @ 6506  Click above for larger image I got stopped out for a -181 pip loss. The entry was good on this trade but I should have exited when price failed to break the first support point after the breakdown out of the box. If you enjoyed this article, you might also like:  Category: My Trading  Tags: Losing Trades, Surprise Box This post was written by Hugh Kimura. His goal is to become a professional trader. 1 comment to 01/20/09 AUDUSD Trade |
 
      | |||||||||
HIGH RISK WARNING: Foreign exchange trading carries a high level of risk that may not be suitable for all investors. Leverage creates additional risk and loss exposure. Before you decide to trade foreign exchange, carefully consider your investment objectives, experience level, and risk tolerance. You could lose some or all of your initial investment; do not invest money that you cannot afford to lose. Educate yourself on the risks associated with foreign exchange trading, and seek advice from an independent financial or tax adviser if you have any questions. Any data and information is provided 'as is' solely for informational purposes, and is not intended for trading purposes or advice. Click here to read the complete disclosure statement. Compensation Disclosure: Links on this page may be affiliate links in which the owner of this website receives financial compensation if purchases are made through the links. | ||||||||||
[...] AUDUSD -181 pips [...]