Thursday, October 14, 2010

2010-10-14


1: daily is up 3hourly up hourly up 15minute up-flat 5 down
2: News to come is: N/A
3: What's the main event just happened that move the market? and is it trendy? it's breaking out 1.40 the previou resist last night and then rally as high as 1.4120. German exporter is selling (don't understand why) and not much stop under.

4: What do you think the market will do today? drop, as we run too fast, there need to be some pull back.

The pop from 1.4050 level this morning was very strong, that's why I didn't short on 10 sec or 1 min ema62, as the move is fast and none stop. I managed to get some short on previous high close to 84-90 level, stop at 92. Profit was too early, should be at 75 and 65. It's now trading at 64.

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

6: What's the trade? Is it related to the previous loser or winner?
Do you take half at 1R?
How many pips it risk?

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

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