I'm so bad since I didn't adhere to the plan of updating this journal with each transaction undertaken.
In the future, I will try to do it on the best of my skills.
After commerce #3, I did many trades and was doing great... Until May 29, 2008 if for some reason that the USD rocketed...
EURUSD:
I entered a long position at 1.5628, attempting to grab a bottom. However, as you know, it went down. Since my S/L is at 1.5255, despite -117 pips I had the guts to go into a second long position at 1.5511! The pair went even further down from 1.5511 level, such as 48 pips. Now all I can do is to wait until my S/L gets struck.
USDJPY:
I shortened it at 104.99 expecting it fall. However, to my surprise it went upward and is currently at 105.57 and is fighting the powerful resistance at 105.59 for quite a while now. I can only hope it comes back... I have promised to myself that I will never trade this pair .