FOREX How To

I am a chicken

I know that I said I was going to hold my aussie dollar position long term, though well I'm a chicken and I got greedy, after it suffered for a day it has finally climbed again and well I was just too much of a chicken to not take the profit while it was there, so I cashed out for $300 or so. What makes me happy is that for once my balance is ABOVE where I started!!!

I was a little bit scared because of the book that I've been reading about candlestick charting, I saw a fairly good hanging man coming up and I didn't have the bank to wait for confirmation (which is probably rather stupid on my part), I think I'm also seeing some resistance just a little above where I went long before (at least on short term charts, see below).

I may open another small position on it to see if it actually does work medium term. 

Chicken

Short term chart 15 minute

Related

  1. Aussie Dollar and Interest Rates
  2. Disciplined or Lazy?
  3. My Trading History #1
  4. Right on Cue
  5. Becoming Disciplined

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