Wednesday, March 21, 2012

EUR/JPY Stopped out

My EUR/JPY short trade has just met its target BUT...not before stopping me out this morning!...
This is one of the hazards of trading.   This is an instance where the AB=CD and the Fibonacci level didn't turn out well for me.   Subsequent to being stopped out, the price has met all 3 of my profit targets so I will take the positives pout of this and move on.

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