My views on future trades, past trades, the market and lessons learnt

Tuesday, August 22, 2006

CAD Retail Monday and THE yen trade

-.2 v .2 I was not 100% awake and ready. Reuters beat bloomberg but I froze and looked at my chart and got in (5 pips off bottom) so wasnt to bad then I was up 12 pips and went to close it but it reversed and I got -3. Whats happening is I get the number to fast and don't enter I check charts, trigger sheet then I get in. I need to close all charts on near screens and then just look at reuters and buy/sell and just enter asap thats it stop thinking., think once im in the trade.

I also didnt take a NY ses cause I thought it cant move.. actually i was just being a pussy.. u pansy.. go read that in the zone book and stop being such a women all the time.

All majors had USD weak but yen was at the days highs so i went short at the topish also nikray called a short..the other majors all went 50+ the jpy went 5! Maybe cause oil is up bad for yen. And there is some Iran shit again causing USD strong but GBP/EUR are all being strong 80+ the yen just hasnt followed it.I don't know but next time use multi pairs.

gbp 70 eur 20 ... chf 25 gbp 20 eur 20

Lesson: Dont hold down the ok button click and release fast. Close all charts look at the bloomberg and buy/sell.

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