June 9, 2008

66 pip loss, the price of impatience

US pending home sales was well above expectations, I simply underestimate that possibility and its consequences on the Canadian dollar, so I pay the price.

AUDCAD closed in 66 pip loss.

The most frustrating aspect is that I was in 35 pip profit before the report but I understand it after 6 hours.

I am just happy because the size of the position was at the minimum level.

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