If you don't know where to start, start here! Don't be afraid to ask questions.
- rank: 500+ posts
- Posts: 841
- Joined: Tue Jun 30, 2009 3:10 pm
- Reputation: 0
- Real name: Pete
cwn6161 wrote:As price moves slowly to my average, I wonder if I should have gotten out earlier. If things continue to move against my average, I'll get out with a 4% loss.
Thank you for your recent posts.
For me, I see EU has found support with momo that way
maybe MO can comment more
Some nice pips on hand though
- rank: 1000+ posts
- Posts: 1404
- Joined: Mon Jan 25, 2010 3:36 pm
- Reputation: 2
- Location: Long Island, NY
TygerKrane wrote:any chance we can get an updated, marked up chart of the trade thus far?
Sorry! Let's see here...
H3 chart. Price clearly moving against me. Red line is my average.
D3 chart. From this perspective, price hasn't moved much.
I think my mistake was to average in using the H3 charts, when I planned to be in for the longer term. Had I entered only from D3, I wouldn't have even averaged in yet.