A place to share my 'moments' in forex. Also a place to learn about the art and the science of the trade.
Thursday, September 25, 2008
My first pending order trade
Unfortunately.. I missed it by 1 pip. Here's the trade in pictures.
2 comments:
Anonymous
said...
Hey Eric! Looks like your blog is really coming along. It seems your getting the hang of what Jinhar has been sharing. i've been gone a few days. 1 question about the pending order that missed by 1 pip. Why wouldn't the green candle that re-tested the TL have hit your pending order? I'm trying to get a better understanding of it all. Thanks!! PipHunter25
2 comments:
Hey Eric! Looks like your blog is really coming along. It seems your getting the hang of what Jinhar has been sharing. i've been gone a few days. 1 question about the pending order that missed by 1 pip. Why wouldn't the green candle that re-tested the TL have hit your pending order? I'm trying to get a better understanding of it all. Thanks!! PipHunter25
Hey piphunter!
I think the order was missed as I was trying to get too high a price. I set my order roughly at the minor high, to the right where I marked 'S'.
On hindsight, I should have just used the Trend line and marked it there.
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