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Old 01-16-2009, 04:22 PM
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Nicola A Nicola A is offline
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Join Date: Dec 2008
Location: Toronto, Canada
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Have a nice weekend

A quiet end to the week for me.

I lost 150 pips yesterday on the GBPCHF trade. It is ALL my own fault. I should have followed Zak to the letter ""if it breaks the trendline" and I did not wait for it to. That or placed an order the other side but I was worried I would miss it, stuck a small one on the night before and same as Paul I missed Zak"s warning in the morning. I was taking a nap when my stop was hit at +150!
I got some pips back on oil but still not a good day.

Today I decided to practice pip preservation after my first oil trade netted me +56 but only after going 70pips against me.
I decided to call it quits and hold on to my fantastic 1500+pip haul. Might be a long while before I have another week like this and I don't want to blow it. If I sit in front of those charts without a plan I get tempted into dumb trades.

Hope you all have a great weekend, I enjoy the friendship and support in the live room and here so much, I can't wait until Monday.
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