Tuesday, January 19, 2010

2010-01-19







EUR/USD sell off overnight, resist at 1.4300 and 1.4340 , support 1.4260.
1: Plan one, short on the bounce of down trend.
2: Plan two, short on the break of 1.4260.






I traded the plan this time, short on 1.4300 level couple times, stop out and hold on the last position..









There was flat on 1/18 due to bank holiday and then a major sell of 100 pips from 1.4400 to 1.4300, I join the crowd and short, base on my plan and hold on the last winner let it run. What wrong was, I was trying to scalp again in the off session and give back all the gains I had for the winner. Also missed another 200 pips run in the next 2 days.

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