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1/15/09 CHFJPY Trade

Written by Hugh, on January 15th, 2009

Yet another surprise box.

Short 1 (300) @ 7932
Stop @ 8005 (-73)
Limit @ 6914 (+1018)

Click above for larger image

Click above for larger image

I got stopped out at -73 pips.

In hindsight, this is a trade that I should have re-entered.  It was a perfect surprise box the second time.  The first box may not have been the best to enter because it was only ranging below the 800 SMA.  It seems that the best surprise boxes range on both sides of the 800 SMA before breaking out.  Perhpas I was a little impatient on this trade.




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Category: My Trading   Tags: ,

This post was written by . His goal is to become a professional trader.

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