2010-08-11

1: daily up, pulling back 3hourly down hourly donw 15minute down, 5 down, consolidation at 1.2960, support 1.2950.
2: News to come is:7:30 Oil and Gas
3: What's the main event just happened that move the market? and is it trendy? FOMC and EUR rumor buying Irish paper (meaning no one else buying) and China slow down.
This drag ES down 23 also.

4: What do you think the market will do today? keep dropping

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?
Do you take half at 1R?
short the pop
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?20

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