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

ericsatch said...

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.