Thursday, December 17, 2009

2009-12-17 GBPJPY Live Trade

Entered this morning, long struggle.  But someone gave me some wise words.

"The difference between winning and losing involve correctly identifying the reversal zone and placing the stops correctly.  So even if the movement is crap (it is most of the time in reversal zone), it can still be a high probability trade if the zone is correctly identified and SL placed correctly."

For those who have not learnt to trade, the above sounds like bs, talking the obvious, but as a true trader, you would know how tough it is to do the above.


















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