Tuesday, June 26, 2007

062507 - IPG - 15mins - Loss*Paper



Symbol: IPG
Type: Long
Entry: During the 11:45 bar
Exit: Stopped out during the 14:00 bar
Result: Lost -0.42%

  • The 9th bar Hammer was formed and I told myself that the 5eMA cannot be anymore closer!
  • I entered Long during the next bar and the "rally" stalled shortly after
  • Eventually, my Protective Stop was hit, and I was left very disappointed

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