Profit ended with bad trade

Posted by bennq | Forex | Tuesday 29 September 2009 10:20 am

It’s an opposite result with my last trade. My trading result this time is not good enough because of greedy. This is the emotion that every trader should avoid. I was trapped in this situation when I saw the chart still have big chance to go deeper.



My mind was contaminated with euforia of profit. So I enter market too soon. After few minutes, the candle formed Graveyard Doji. It’s a bottom reversal pattern. I still wait for the confirmation, because Graveyard Doji reversal pattern must be confirmed with the next up candle. When the bull candle was formed, I closed my position minus 83 pips. That’s the risk that I have to accepted because of my careless action.

Graveyard Doji in Cable Chart, September 28 2009

Graveyard Doji

Graveyard Doji

Trading Result September 28 th, 2009

Fx280909

Fx280909

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