Wednesday, July 21, 2010

2010-07-21

1: daily is up flat 3hourly flat hourly down 15minute down 5 down
2: News to come is:
3: What's the main event just happened that move the market? and is it trendy? rumar says BIS and us bank sold 1.2900

4: What do you think the market will do today? sliding down

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

6: What's the trade? Is it related to the previous loser or winner?
short the pop, I know it's boring.
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


I didn't do well today, 0 pips. I was long at the bottom, but that keeps in mind is not in my plan, so I closed the trade too early without let the profit run. Then I short on the top, but also closed too early because of the previous mistake are still in my mind. Or it's because the pop was pretty fast that I'm afraid of losing if I don't close, anyhow, should be a 20+ day, but I ended with 0. Price still bouncing around the downtrending ema62 in 5 minutes chart, so my original idea of shorting the pop would have worked.

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