Monday 28 January 2013

28/01/2013 USD/JPY long (loss)


Went long here off the H4 chart. Entry chart explains stop, entry, target and reason for entry. Risk was 0.5%, aiming for 2:1 RR (click chart to enlarge). 






and here is the exit chart that shows price going down and hitting my stop, giving me a loss. 




In hindsight, was this a good trade to take? Yeah, I don't see anything wrong with it, it just didn't work out on this occasion. 

No comments:

Post a Comment