ShrewdCatfx

AUD/JPY short at 1hr Resistance in Daily Downtrend

Kort
FOREXCOM:AUDJPY   Australiensisk dollar/Japansk yen
I didn't take into consideration spread upon entry. My 5 pip SL position size was filled 7 pips away from that technical pivot SL area. This is a lesson learned and next time I will take into consideration the spread before entry. If I am still filled at a price that is significant from original calculated position size then I will exit, then enter with correct size if price is still in general sell area. I was emotional and decided not to close the position when I realized it was incorrectly sized. This was not good but I have a plan for how to deal with this on the next trade. Now it's up to me to jut do it. Otherwise this was a good trade since I followed my process for the most part
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