понедельник, 27 июля 2009 г.

EURUSD 27.07.09 SonicR re-entry


This is the entry I took according to great strategy developed by one very experienced trader. It's called SonicR


The reason for entry:


1. PA broke previous high

2. LSMA turned from red to blue.


EP: 1.4268

TP: 1.4285 (Daily M4 lvl) (I put 1.4300 at once, but then when price lurked around M4 lvl decided to close it there)


The lesson i learned here: Is pay more attention to S&R lvls and don't be greedy. Do not chase trades. Throw away all your emotins and do not move SL to close to the price, allways place it behind importand Highs/Lows or S&R lvls. When some important S&R lvl is reached and it is far enough from your entry point move your SL to BE, your TP1 should allways be at that lvl.


Baged my 17 pips here.

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