So i'm in on this trade, short, so lets see what happens. It looks like it's going to complete an "M" pattern and on that second bump there was a consolidation and it just broke out short and pulled back..
My main concern is the timing.. it feels early, and if i'm wrong on the timing.. well it's a bad trade and i'll probably lose money even if it does eventually go down. I'd give it a 40% chance i'll make it through this.. now that i think about it, why did i get in early? maybe i should've skipped this trade.. oh well.. at least my risk is small
the kind of crap that goes through the mind of a typical trader i guess
but the completion of the next bar should give me a pretty clear sign whether to stay in this trade or not.. unless it hits my stop loss at 0.8737
No comments:
Post a Comment