2: News to come is: new home at 7:00
3: What's the main event just happened that move the market? and is it trendy? ranging between 1.2720 and 1.2610. IFO news push it up to 1.2720 and then BIS/Russia selling plus PIIGS bonds worry push it down 1.2610, durable goods's missed news seems push it higher from 20 to 50. It's kind of like two bad brothers racing to see who is worse.
4: What do you think the market will do today? continue ranging, see how it react to the news of new home.
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?
buying dip
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
I sold 2x at 1.2673 level after the news of new home sale, then covered at 60 level.
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