weekly review and monthly goal.

A month goes by so fast.. here is the weekly number:

4/25/2010 4
4/26/2010 79
4/27/2010 21
4/28/2010 -108
4/29/2010 43
4/30/2010 16

Total of 55 pips. Biggest lost came from FOMC trade. I was having a short bias, so even have some smaller position (1/4 size) before the news, that didn't hurt me much on the stop loss, but that short bias hit me hard that I keep on shorting.


As of Monthly, total of 381 pips, 14%. This is so far my best month:
Jan: 63
Feb: 359
Mar: 19
Apr: 381

Seems like I should only trade every other month... LOL, let's see what will happen in May 2010.

The goal is:
1: follow the trend on 1 minutes, buy the dip or short the top at EMA62.
2: Against trend on double top with 5 more minutes apart between the tops (or bottom).
3: Have a plan and trade the plan.


I cannot increase my size as I had 2 times break the rule last week, I will keep this in mind and if next week (first week of May) I don't break the rule, I will increase my size to 1.5x.