Thursday, September 23, 2010

2010-09-23

1: daily is up 3hourly up hourly up we bounced from ema62 nicely at 1.3300 level, 15 flat minute 5 up
2: News to come is: 7:00 home data
3: What's the main event just happened that move the market? and is it trendy? IRISH bond spread had lifetime high hit eur PIIGS worry again so we sold off from 1.3390 to 1.3309, and then weak USD data ( claim up to 465) triggers more possibility of QE so USD got sold. so gold is up usd is down.

4: What do you think the market will do today? goin up, see if 1.3380 will break.

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? buying dip and selling top.
Do you take half at 1R?
How many pips it risk?20

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

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