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Kamis, 10 Juni 2010

Mistakes last for ever

That was immediately after the previous chart. Buying local tops is a recurring bad attitude. It happens on my bad days, when I am not in shape. I entered long and waited an eternity to turn positive, while price was making several lower highs and lows, a sign of a probable reversal. It went to -10 and moved again to my favor just one pip above my stop. Very lucky indeed and very bad scalping manners!..

Splitting a trend

Splitting -again- a trend to several trades when on high lots. Minimizing the risk this way but also the gains. The range of last days does not let me trust the market anymore.

Selasa, 08 Juni 2010

Get out and re-enter

For me, the best trade on this chart, is the second one, a loser. I didn't let price to go to -10 (or -40, who knows), I exited early to re-enter on the new tide.

Back to trading

Back to my base and trading. Relatively quite session around London opening.