Wednesday, September 11, 2013

Bought EUR/USD at 1.3203 to close position

Talk about a double whammy! I got stop out by a trailing stop incurring a loss of 0.16R. Okay, the rule of "no trailing stop when there is a valid first target" is set.

And actually this trade is strongly correlated to the EUR/GBP trade. I should avoid such correlation in the future.

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