Just 2 Pips that killed my trade!

Too bad! The Tunnel Trade (USDCHF) I set up was killed by only 2 Pips difference. I was knocked out at 1.2664, while the low was at 1.2662! AAARGH! - The problem: if I would not have set the SL, I would have gained almost what I wanted - the USDCHF climbed to the high of 1.2740 - again, only 2 Pips below my target! The good thing: I was hitting bottom and top quite accurate - the bad thing: I did not make profit out of this. Instead of having a 56 Pip win within 4 hours, I lost -20 Pips in just half the time. My resume: the Tunnel-Method works - but I will have to follow my own ideas in FOREX.

But this trade was not the only bad one yesterday. While the Dow Jones climbed above 12.000 during yesterdays trading (Congratulations pal!), our last three stocks lost. STXN lost 0,87%, closing at 4.57$. I would get out now, however, chances are 60% that it will climb again today! We are still up by 3,6%. PXLW got stopped out at 2.99$, leaving us with a loss of -3,2%. Finally, OSTE also lost, falling back to 4.25$, still a 0,95% gain. Time to get out!

No more trades this week - next week I might not be around, so, have a nice time, see you soon,
The Stockinvestigator