Tuesday, February 9, 2010

2010-02-09 cut loser short and let the winner run.



E/U goes up over night just because Trichet left meeting one day earlier. Well market is expecting he can have some super power to save Greece.

I was with the market, keep buying stop out and buying.

no big runner, just couple pips here and there.


At about 8:30 PST, it jumps from 1.3600 to 1.3630 in less than 2 minutes. I was changing my son's pupu and wash his little but. I missed the entire rally from low to high about 110 pips. Could have get 40 to 50 out from it.

Now what I do? I short it with half of the size.. now profit some and let the rest run.










Close my software now, end up with 10 pips maybe? well, not where I wanted but I will take it.

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