( -70c) reckless trade week12 week11 XAGUSD long at 2 months high

D1

Price indeed was looking for a move towards key support level.
Will be waiting for a smallish chart reversal pattern to go long with the trend.
Also time to look into metals ETF and unit trust.

WEEK11 xag long at 2 months support 080314

updated 220314

This was a silly trade
entered on Monday, Fear of losing out, as Friday
BE exited trade after failure to TP at h4 box high.
Did not realized there was bull trap of 2 days high.
Did not cut loss early, as was hoping multi days low can offer support.

One observation abt my trading style is that Monday tend to be a day to observe the market, what is it likely to be up to for the rest of the week.Unless signal are compelling, it is generally better for me to stay out and observe first.

week12 XAGUSD -70c reckless trade 220314

Advertisements

One thought on “( -70c) reckless trade week12 week11 XAGUSD long at 2 months high

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s