LOST: 40 pips
In the previous trading, the price took out my adjusted Stop Loss. I re-ran Forex Killer again and this time it gave a 92% sell signal for the H1 chart:
And so, I shorted the USD-JYP again at 106.15 at 3.15 pm:
I then adjusted the SL to 40 pips, i.e at 106.55 and left the TP for 16 pips at 105.99.
Ater about 15 minutes, the price rose 40 pips and took out my Stop Loss. I had lost 40 pips.
Forex Killer seems to be wrong on this trade.
Monday, January 28, 2008
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