062507 - AOB - 15mins - Loss*Paper

Symbol: AOB
Type: Short
Entry: During the 7th bar
Exit: During the 9th bar
Result: Lost -1.68%

• I drew the yellow line to remind myself that if the prices broke the base (yellow line), I will go Short
• As soon as I entered Short, the prices started to retraced back to, and went over, the 5eMA
• My Protective Stop was hit eventually, resulting in another loss!
• The frustrating thing is to see that the prices did fell later to reach my targets!