Wednesday, June 6, 2007

060607 - WFMI - 15mins - Loss*Paper


Symbol: WFMI
Type: Short
Entry: The end of the 6th bar
Exit: The 11th bar
Result: Lost -0.49%

  • The 6th bar was, what I thought, a Bearish Engulfing candle, and I entered right before the candle has completed.
  • Unfortunately, the prices were not that Bearish afterall. It stayed raletively flat until my Protective Cover was triggered during the 11th bar.

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