Thursday, January 2, 2014

669 - My Forex feels like Manchester United

Manchester United lost again in the league early in the morning.

It feels like my Forex today, which went from 748 in noon to 669 tonight. I feel that I have to be as resilient as Moyes, even after getting punched by results over and over again.


I really feel for this man. I am angry and disappointed as Manchester United is used to winning. It is not anyone's fault if they are unable to do things the way many people expect. What you can only do in tough times is to keep trying, until eventually someone decides that you do not.

I have 7 trades remaining.

I think my NZD/CHF closed out around 2:30pm today.

From the looks of the graph, it does not seem to have a very obvious support line. I think I went for the sell. The most obvious support lines are usually those that are the lowest point of the graph.

As for the remaining 7 trades, I adjusted some of the Stop-Losses. How I do it is by imagining that the losing trade makes a comeback. I need to give it enough space for the u-turn. If it exceeds my imagined u-turn limit, then the trade to me is a lost one.

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