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Tuesday, November 17, 2009

FOREX end-of-week Summary (9-14 Nov 09)

Started the week with small investment in accordance to my risk management and made some short term gain. Took a long term trade but entered the trade too late, however I decided to hold on to the trade in loss as the support had yet to be broken. Even at the end of the week, the support had yet to be broken, hence I hold on to the trade over the weekend. At the meantime, I did not take any other trade so as to allow maximum margin available in my account. Hopefully the price go for the resistance level when the new week start... ;p

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