There is a loss of 35 pips since the dagger has not reach the bottom yet! I have to admit that I have deviated from my trading system on this trade as I was eager looking for quick profits. This trade is a good lesson of not following the system. Discipline is a must for traders who wish to see consistent profits. The picture shows that the price is in a consolidation phase before going down further or prepare for a rebound. The crossover of the EMA curves and by how much the price pierce through the EMA curve would tell us which direction the price would go.Do you like this article? Share It!
0 comments to "Trade #5: Loss of 35 pips"
