Wednesday, September 26, 2007

The need for automation

Eur/jpy broke out from its ranging levels today, net 95 pips. As for gbp/usd, there was enough movement to trigger both long and short orders. Made mistake on calculating daily pivot today(used wrong data) and orders were filled at 1 pip extra and to make matters worse, i was stopped out few pips more than my actual SL, damn slippages (-31-33), really hate my broker since they added those 2 extra digits. And ever since they added that, my tp was less 1/2 pips for my triggered orders!

Now back to where i started, fxovereasy gave valid entry. Still open, hopefully it turns out good!!

Result: -64pips

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