It was not a good trading day for me. I made 3 trades, 2 losses and 1 small winner. I went long on EUR/JPY at the wrong time, and got stopped out with -1 R loss. It was a mistake by taking Long position of NZD/USD today. I was doing some counter trend trending. Cut the stupid loss with – 0.56 R loss. I went long of CAD/JPY during U.K session and exit at the close of U.S session with +0.15 R. Pathetic day.
I will stop trading for the rest of the week. We have Japan , U.S interest rate statement and Non Farm Payroll report coming.
Here is the….stupid CHART!
Poor entry of NZD/USD
[photopress:NZDUSD30Oct2007.JPG,full,alignleft]
Slow moving CAD/JPY
[photopress:CADJPY30Oct2007.JPG,full,alignleft]
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