The short entry was initiated after spotting a lower high on the EU. the 1st short entry was good which yield more than 10pips, but i only averaged +5. not very good psychology control here.
the 2nd short entry was a mistake. taking the signal of price had broken one of the support at 1.2509 i entered a short after the candle which broke the support. price pulled back about 10 pips and came back to yield a profit of 5 pips. i was too emotionally attached to the trade hoping that it would break the psychological support at 1.2500. but according to plan i was to get out at that level. i did not take profit and price skyrocketed higher. well, looking at the behaviour of price i knew that there was a chance of price retesting the 1.2500 level so i held on. finally i was out at near breakeven better than negative! must preserve capital ! thats the rule!
well, its not my nature to sell above near psychological support. the 2nd trade was entered at 1.2507 which was jz 7 pips away! wow, that was rather crazy for me to do that in the first place. must stick to my rules and not get carried away by the market.
overall i'm glad that i'm still +5 at the moment.
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