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

Sunday, September 10, 2006

Friday CAD Employment

CAD NFP -16 v 20 was really bad started at 1.1110 and i got filled at 42 it retraced in same candle and everyone lost mony buti held on cause of tom it got to 1115 low before shooting off to 1200 1 hr later.

EUR gbp (20) out and with a BE stop got (30) eur (20)

NY gbp price got to -30 and then flipped and got (40) with a trailing stop or (60) most eur stop was outside the box; went (15) chf stop was 1 pip in the box got (20) cad trailing stop by 20 got (80) pips

Lesson: Set a 20 pip limit for half. Then trail the rest. It always hits a pivot.

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