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Sabtu, 06 Februari 2010

Recovery-6

Ending with these. Total: +130 pips for the day. 89 trades, which means I gave back 54 pips as commissions. +12,2% daily and 91,9% weekly, despite a moderate leverage (20-25). My best week ever, but it is mostly due to the exceptional conditions of the markets.

Recovery-5

Stopped after this for 2 hours, to recover ..myself.

Recovery-4

Jumat, 05 Februari 2010

Recovery-3

Recovery-2

..some pain inside the range..

Recovery-1

The mouse and the cat (mistake of the month)



You are just a little mouse in this job and the market is the big hungry cat. The cat lets you have your daily food but If you are distracted for one single moment, you are lost, he will catch you for sure.

Post-NFP and I let the two elements of a common trap to be present: an unmotivated entry and a moment of distraction. So I entered against the fast trend, I was distracted ,I hesitated for a moment, no stoploss and then it was too late..! Closed finally at -92, at 123.33, which was the absolute high of the session!..

I had a moment of dilemma after this. To stop there, with a -13% daily, in order to protect a 52% gain for the week. Or to try to recover the day, using the extreme volatility of the recent days in my favor, with no more stupidities. I opted for the second and had a looong session with a lot of trades. Most of these, in the next posts.

What a day -5

And these are the last ones. 279 pips in total today, 67% on account. This is the gift that markets offer to us, once every other month. And the daily bread for the common days..

What a day -4

What a day -3

What a day -2

What a day -1 (lucky me)

I came back from vacation one day earlier for a personal reason and then i traded again this afternoon, after Trichet's speech. An easy to trade market as the collapse of euro was obvious and inevitable. Pure luck to be again in front of the monitors on such a unique day (as it developed), normally I would still be on the mountains!..