Stopped out at 62.53. What a sloppy placement of a stop! And all because I decided to add to the position, which of course meant that I had to keep the risk the same or similar. Loss of a total of 76 pips (-46 pips in the original trade and -30 pips in the addition).
The US session opened favorably. I moved my SL down to 62.53 from 62.96. As per my trading plan, I opened another position of the same size.
Sold NZD/JPY @62.23, SL at 62.53 Target open
It is 10:30am GMT.
Selling NZD/JPY @62.07 with a Stop Loss @ 62.96 Target: Open.
Basically the same idea as in Trade #1, following the bigger 4H / Daily trend, and in view of expected Bernanke talk at 15:00 GMT.
