Monday, July 19, 2010

2010-07-19

1: daily up 3hourly up hourly up 15minute up, the pull back is to 1.2930, ema 62. 5 up.
2: News to come is:
3: What's the main event just happened that move the market? and is it trendy?
BIS buy at 1.2880 Bankers sell at 1.2990, now trading at 1.2965.
trendy, up trend.

4: What do you think the market will do today? continue the up trend, see if 1.2990 and 1.3010 cap.

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

6: What's the trade? I
s it related to the previous loser or winner?
buy at pull back.
Do you take half at 1R?
Is it follow the rules?
How many pips it risk?

6: What's the trade? I
s it related to the previous loser or winner?
Do you take half at 1R?
Is it follow the rules?
How many pips it risk?

what's the daily limit and daily risk now? 60/20/3

2 comments:

  1. In the past 4years, if someone asked me why the market was up/down....I have never come up with a logical answer. And for the rest of my life I don;t expect to have any either...ever...

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  2. Maybe that's because you are trading the short term, day trading and swing trade for 2 to 3 days. In longer term trend, there are reasons behind up/down moves, it's just not many people can figure it out before hand.

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