Frankco

AUDCHF--update

Short
Frankco Updated   
FX:AUDCHF   Australian Dollar / Swiss Franc
3
Short from 0.76843

Target 1: 0.76314

on 23//02/2017
Comment:
Close trade at 0.77148

Loss: 30.5 Pips
Comment:
Review :
I was thinking that the big black candle on 16/02/2017 was the signal for a short.

Given the reason that the whole black body covered the previous white one.
Second reason is its position, it was on the top edge of the BB.
Third reason is the indicator which showed me a downtrend.
Comment:
Lesson:
If I waited for another one or two more candles to confirm it again, I would not make this mistake. Patience and conformation is very important.

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