Thursday, November 3, 2011

GOLD Trade

Buy Stop at 1735 SL 1705 TP 1825 RR 1:3

Setup: H4 BZ





Update 11/07/2011:
Should have taken a Market Order at 1730ish when I entered the trade. I consider moving up my TP to 1900ish or higher to increase my RR.

Update 11/10/2011:
Got out this morning for a meager R:R of 1:0,86. Better than BE I guess :-)
Lesson Learned: To be greedy doesn't bank you coin. A R:R of 1:2 would have made it!

No comments:

Post a Comment