2/8/2010 11
2/9/2010 10
2/10/2010 11
2/11/2010 16
2/12/2010 0
Total of 48 pips, more important is, I don't have any rule-breaking trade this week.
Lessons learned this week:
1: follow the trend on 1 minute chart, in major breakout. unless it's a key support / resist. when at these level, price need to show some respect.
2: short the bounce, not the breakout. and let the winner run.
Goal for next week:
1: write a plan and follow the plan.
2: Take profit at 1R and let the rest run.
3: follow the trend in breakout and short the bounce or buy the dip.
2021 Trade Analysis
2 years ago
Another profitable week - good work.
ReplyDeleteHi RCM,
ReplyDeleteWhat do you think if we setup a chat room?Just a place were we can chat/kill time while waiting for our setups.I am only interested in people trading FX,or FXoptions or FX futures.Technical setups.I am following on a daily basis a few blogs-people that post they results/charts-we can invite them.Lets see if this can be benifitial-I personaly think that I trade better when there is a competition in place- against a fellow trader.no need for a lot of people with irrelavent talk-just a small room of people who trade mostly EUR/USD.
Let me know what you think.
Alex
forex_journal@yahoo.com
or here in your blog comments.