Friday, March 5, 2010

weekly review.

First week after increase the trading size, got bumpy with it..

3/1/2010 23
3/2/2010 31
3/3/2010 11
3/4/2010 31
3/5/2010 3



Total of 99 pips and 2 rule breaking days (Monday and Friday).

More detail reviews to come.

I had plan to review my trade over the weekend, that's still on going, I also want to try the tools from forex control center, see what's my performance down to single trade level, never install that software, will give a try tonight.

EUR/USD ranging from 1.3840 to 1.3440 this week, couldn't break either up or down.
1: following the bigger trend, it's ranging and I was fighting it.
2: Fib number works on longer time frame
3: contral the size to 10 / 20 /40 and see.
4: Let the winner run is the key to success

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.
4: Don't trade off session, 8:00 PM.

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