Yes I still make trading mistakes! This was a bit of a silly one, I opened a short trade knowing that there was a very significant area of support just below my entry. What is even more ridiculous is that the line was at 133.30. That is the very same level of support/resistance I harped on about yesterday. I should know better….
The trade is explained in detail in the video below, you should watch the video in the previous post first as it is related.
[vid link=”https://www.forex4noobs.com/wp-content/incs/videos/live-trades/gy-01Mar11.flv” width=”640px” height=”480px”]
Want to Laugh at Me?
If you want to laugh at my misfortune and call me a newbie leave a comment below lol…