i listened to the voice in my head that kept saying"get out".. breakdown in EUR..and coming elections... i keep my long in EURUSD all the way..
Courage Patience Flexibility As long as you keep them in balance, and don't start letting one rule all the others
Right.. with 2 fairly correlated positions on..was i trying to bite more than i could chew ?....with that tiny weakness in my position, the market was able to shake my resolve. One must build a position like a fortress..unassailable.
yeah, you and me both same thing for me, no resolve, over committed, or at least over optimistic If things don't change soon, eur.cad is next on my list to liquidate at a loss, maybe tomorrow on the close otherwise, you're going to get burned on that 4:1 r:r. I've never known a bracket trader to make it, especially at those rates proper r:r is 1:infinity although at 100 pip stops and 25 pip targets I'd hardly call that a bracket trade you're more like a swing scalper I hear a few on this board claim they are good at predicting a 25 pip move. If so, more power to them. But that is a rough way to make a living, 25 pips at a time. 1/2 pip at a time (or even 1) is cool, anything more than that you may as well go for the moon