Tuesday, October 28, 2008

Trades today

First long I entered because I saw bullish action on 10 sec pushing higher and consolidating before the run up. It didn't happen, I had one more long with very close stop in a case that I was just shaken out.
Gbp short I entered because of that 50 pips drop in 3 minutes, that idea also didn't work.

Bright spot were stops. Pure trading with defined stops. It's hard market to trade especially when it's in rangy mood. It's not so brilliant to learn disciplined trading in such mess of market movements. I don't have an edge and that's why I don't trade this days, today I tried and got burned.

-45 pips


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