weekly review

2/1/2010 4
2/2/2010 15
2/3/2010 23
2/4/2010 -4
2/5/2010 108


Total of 146 pips. Not a bad week, the key this week is to cut losers and let the winner run.

As of my goals for this week:

1: write a plan and follow the plan.
2: Take profit at 1R and let the rest run.


what can I do better for this week:
take half of the position off at 1 R , or at least at ema62.
follow the plan, short at 1.3960 level. to avoid the first couple short.
wait for ema62 to enter the second long.
what for the bounce after breakout, and then short or long with the breakout direction.
don't chase price.
don't trade off session.
Plan better for NFP, I did have a plan but didn't write it down. Also need to include the size in plan, was little lost when I enter the order as I don't know how much should I short..

The little boy is still sick, my trading will be limited next week.

Good luck everyone.

Summary and goal for next week:

1: write a plan and follow the plan.
2: Take profit at 1R and let the rest run, or take half at EMA62. It lower the risk.
3: don't chase the breakout, plan for the bounce play.
4: Plan for news trade including size at what price.