Tuesday, October 19, 2010

2010-10-19

1: daily is up 3hourly flat hourly down 15minute down 5 down
2: News to come is:
3: What's the main event just happened that move the market? and is it trendy? China hiked rate 25 bp, USD is higher across the board.we are trading at 1.3800 level for now. ES is down 12 at 1165 level right after market open.
Gold sold off 40$ at 13333

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? buying dip, selling pop
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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