Friday, September 12, 2008

Missed Opportunity

Hello traders,

Pretty relaxing month as my target for the month has been reach beyond my target.
However I didn't ever plan to miss an opportunity like this one I just saw on NZDUSD pair.
Price goes down and retraces and were making wedgy channel. And after that it goes down breaking the bull support. As you can see there my black line is how I determine my TP. The length of the lines are more or less the same. Target was around 90pips and SL is set back to the breakout point.



I was still in my nightsleep dream when this happens. If I was there I would have taken it.

Mairza


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