2010-09-20

1: daily is up 3hourly up hourly flat (are we head and shoulder here? ) 15minute down 5 down
2: News to come is: 7:00 NAHB housing index
3: What's the main event just happened that move the market? and is it trendy? It mainly moved higher last night, but the 4:45 started sell off was no reason yet, I searched couple sources but noone seems knows what happened, it pushed eur/usd from 1.3090 to 1.3030, we now trade 1.3045

4: What do you think the market will do today? 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? sell the pop.
Do you take half at 1R?
How many pips it risk?20

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

1: short at 46 stopped out at 52. next on 70
2: short at 65, stop set to 72, stop moved to 75, stop moved to 85, another short set at 79.