1st December

Orders

Ok today wasn’t a good day to put in orders or breakouts. I got both wrong.

I had drawn support lines and set my order to kick in below the support line. I had set my order possibly too low and when it kicked in I got 3 pips and then it went straight back up again and I stopped out at 14. I didn’t want to loose more but at the time I felt if I had possibly had my stop too close when I did it. The trend was very much down and the parabolics looked good to me to get in. I got in when the one separated but obviously my order should have been higher up and not where I had set it. I think I’m giving it too much distance and loosing out on the good stuff before that.

Looking back now with the trend going UP now I’ve decided to call it a day. Enough losses for one day but I’m happy that I was able to control them and not give them more room to mess me about

Talk tomorrow. I shouldn’t trade on Mondays. They always cock up for me

Cheers - Desiree