Posts Tagged stopped out
Today we got stopped out on our Euro trade.. if you look at the chart yesterday evening, you can see that there was a bullish bar.. it wasn't quite a pin but you can see that there was buying where the price had hit the 20 day MA line. At that time, it looked like a good place to go long and so I did!
However, as you can see with today's price action, the market pretty much went into freefall and invalidated our entry and stopped out our trade. We lost 60 pips!
April 23, 2013
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Hmm, same thing happened to me today. I had a sell at 15233 with a 40 pip stop and a 60 pip target... the market knew where my stop was and hit it... then promptly fell and hit what would have been my target of 60 pips.. well what can I do? Annoying that it is, that's what happen.. hopefully it won't happen tomorrow!
April 7, 2010
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Last week the markets were in turmoil... however, there was plenty of opportunity for those who like to play the markets.. unfortunately, it was a horrible week for me.. I got excited by the markets but frustrated to see that I had missed most of the action when I got home and ended up paying with my account. Luckily, my account isn't large and any losses are generally covered by the sponsorship I make on the blog..
However, I got back into it and last night put on a long on the GBPUSD. It wa
October 13, 2008
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