Wednesday, October 12, 2016

EURNZD - LONG on 11/10/2016 - sub 1 percent loss


EURNZD - LONG with a loss.

Reason:
1) Algo line was blue and showing signs of strength
2) EUR would recover against the NZD (I was wrong)

Hindsight -
1) Should have get out once algo line turned red.
2) there were plenty of chances to take a quick exit without incident.

No real reflection on this yet.
1) Please think about how many eur trades gone wrong. That's another 2 percent I can put in the pocket.

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