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One more time I traded the new and I got burned!
Right after the results of the Greek referendum I opened a short EUR\JPY position and before I even realized SL was hit and my trade was closed! It lasted only several minutes. And once again I underestimated the market. I do think that the pair will soon be back at 134.00 level and even below where my unfortunate started.
I blame it all on the CNN coverage of the referendum! lol
Right after the results of the Greek referendum I opened a short EUR\JPY position and before I even realized SL was hit and my trade was closed! It lasted only several minutes. And once again I underestimated the market. I do think that the pair will soon be back at 134.00 level and even below where my unfortunate started.
I blame it all on the CNN coverage of the referendum! lol