Monday, July 20, 2009

Dealing with the lost D2 trade on GbpUsd

Remember our failed D2 on the GbpUsd last week? If you remember I said that the following D2 after a failed one would cover the lost plus profits. Look at the last 2hr cross up on the GbpUsd. The entry would have been on a Sunday night. I personally have no problem trading Sunday night as long as the ROI projections are really high.

You would have been looking at a 100 pip stop and currently it has paid out a little over 180 pips.

Could you have made your loss back? MMMMMMaybe, you gotta trade it though. I have yet to see a back to back failure on the D2, unless of course you are trading it on a failing day ROI.

So lets continue to trade the D2 profitably.

No comments:

Post a Comment