Short

AUDUSD - SHORT

Updated

AUDUSD - 2 positions for short.
Both of them have same SL and TP(suggested zone areas).
ONLY ONE POSITION OPENED AT THIS MOMENT(sell1).
TP1 and TP2 may change at any time if market will show extra strength.
RSI level confirmed - OBV confirmed - above the MACD.

Warning!!!!
This content should not be interpreted as financial advice.

Note

Sell2 activated

Note

I will keep this position open over the weekend.
AUTO SL = candle must cross the line - not the spread

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In this update I wanted to show you a great example of ignorance.....ignorant of the market's moves regarding my insinuations.
So let's see what happened...

....after 2 positions were activated(sell1 and sell2), marked slid to very close to level of my TP Zone

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When we were very close to the TP Zone, I noticed that a new formation was forming which should closed both short positions and automatically activate the Long positions....I marked this place with a green arrow and a line......

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...using my system ...where I always activate 2 positions, I decided that I can wait a moment until Market touches my TP Zone for sell1 and sell2 (profit) and then set the new scheme for LONG POSITION.....

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Was it greed?...was it self-confidence ?..or was it an attempt to prove who was right...me or market.

ALL THESE WORDS SHOULD BE REMOVED FROM THE INVESTOR'S VOCABULARY IMMEDIATELY!!!!!

Note

Every Investor should mechanically stick to his system whether it is a loss or a profit...it is a part of the business.

With this post I wanted to show you my own mistakes and my own thoughts.

Warning!!!!
This content should not be interpreted as financial advice.

Note

I forgot to add that both positions were not closed and are still active on the market

Note

Both positions closed with AUTO SL

VL74

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