Tuesday, January 12, 2010

2010-01-12 boring session



It's boring now, eur/usd swing between 1.4520 and 1.4460. I will trade when price approching these levels.





Well, if I only played with 1.4520 and 1.4540 level...the risk is lot lower. I tend to jump right back into a trade when I stopped out, this need to be changed.



The market was boring at first, swing between 1.4460 and 1.4520, then it break above 1.4520, but test 1.4540 and pulled back..

1: I short all the way from 20 to 40, if I have a plan, which only short at these 2 places, it will be much better.

2: There is one short need to set closer stop, cannot always use the default.

3: need to take some profit when It's 1R gain. even I'm overall in red.

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