Pages

Sabtu, 03 Oktober 2009

Breakout

A textbook breakout here, after a long range. Entry was positioned just outside the range using a limit order and a tight stop, because the range could continue ad aeternam. Exit below the first red bar.

Post NFP trades

First trade was easy, next ones were less obvious, due to tight stop i use on similar situations.

Kamis, 01 Oktober 2009

Duty paid

I paid my duty inside the range and then got the pips on the local breakout and sweet reversal. Relatively precise entries/exits.

The twin red bars on the chart are a sign of stagnation and eventual swing point. One of many that bars can give.

Month's end

Grabbed a few pips and stopped before the month's end fixing in London.