I'm not tripping. But I did not think that the HIGH impact USD news we just had would cause this pair to completely reverse trend and shoot up 40 pips against me. This was a rookie mistake. I doubled my account this week, after the deadness of Monday and Tuesday, fought and lost some yesterday, was 40 pips positive this morning, then it suddenly turned and went and went and went until I got a margin call. I made many mistakes: I was over leveraged, had stop losses that were too large, ect... but the lesson for today is, anytime there is high impact news dealing with the USD, DO NOT TRADEUNTIL AFTER IT IS OVER. Thats what my margin call just taught me today. Valuable information I just paid for. But, as Tom says, best loser wins. I'm not that emotional down by the loss, which is good, because normally I would be so pissed and mad I'd be contemplating giving up Forex forever. But this could have been avoided if I would have stayed out until after news was over. But I just did not realize the USD News would affect the EUR/CAD like this. Whatever. The marker makers use the news to do whatever they need price to do, and I've known that for a long time. But like I said, I wont make that mistake ever again, so I guess it was worth the price I paid. Now, I start to rebuild. I just basically posted this here as a record of the event, to remind myself of the lesson learned. I will go forward a wiser trader than before. God Bless.
If it were not so, I would have told you...