04/08/2009 USDCHF Trade

by Hugh Kimura on April 9, 2009 · 1 comment · My Trading

TriScreen Trade

Short 1 (400) USDCHF @ 1450
Stop @ 1519 (-69 pips)
Target @ 1370 (+80 pips)

Click above for larger image

Click above for larger image

I got stopped out for a -72 pips loss.  The target on this trade was way too ambitious.  I should have taken the 25 pips and gotten out when price failed to fall.

About The Author: Hugh Kimura
Hi, I'm Hugh Kimura and my mission is provide you with the very best information about trading and living better through research and my own personal experience. You can also follow me on Twitter and Google+. Note: All information is for entertainment and education only and is not investment or trading advice.

If you liked it, please share:

Want More? Yup, It's Also Free...

  • The Complete Strategy Development Course
  • The Ultimate Free Forex Education Directory
  • The Trading Plan Template
  • And More!
"...your forex Strategy Development Course has added so much structure to the way I produce, test, and analyze a strategy. I definitely think it belongs on the TOP of the Forex Trading Courses list." - Bryan Tenort