Thursday, June 17, 2010

-40 3:2 2010-06-17




1: daily is down 3hourly up hourly up 15 minute up 5 down 8:00 AM PST.




2: News to come is: no.




3: What's the main event just happened that move the market? Spain bond acution better and UK retail better trigger the rally to 1.2400, and Job claim higher in US push it down to 1.2350 level.




4: What do you think the market will do today? the rally will continue to 1.2400 again.




5: Were you right about the market? (After the trading session)




6: What's the trade?
A: buy at 1.2370, which is EMA62 on 5 minutes, stop 10 pips.
B: Buy at 1.2350 level, which is EMA62 on15 minutes, stop 10 pips.
Is it follow the rules? yes.
How many pips it risk? 10 and 10
what's the daily limit and daily risk now? 60/ 20









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