美元 / 加元

Trade 6...stopped out

68
Well...

trade got stopped...BUT!! (like a true fisherman I will explain why..)

I admit...I did hope for a short term reversal as I fell into the psychological trap of :

" ..surely it can't drop any further.."

I should have :

1) Waited for a more definite setup (the price already dropped below the H1 OB)

2) Trusted my time frame continuity which was screaming " we are not ready for a long yet!! "

3) Dont place a trade...and go to bed...(i didnt check the trade's progress..)

So..lesson for today : Patience...not hope is what will get you there...

12 pips loss (or Usd120,- ) is fairly excusable ...

let's see....

we're still 38 pips up for the last three days

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