Tuesday, August 31, 2010

2010-08-31 +20 pips.

1: daily is flat 3hourly flat hourly up 15minute up 5 up
2: News to come is:7:00 CC
3: What's the main event just happened that move the market? and is it trendy? Home price is better that saves the SPY, from -9 to +1 now and EU stock market turns back save the pair from 1.2625 to 1.2730 now. It's trendy up.

4: What do you think the market will do today? moving up

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?
buy dip
Do you take half at 1R?
How many pips it risk?20

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




1040 of ES is tested again and amazingly bounced another 12 pips... now it's at 1052.

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