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

Friday, September 29, 2006

Friday Spending and CAD GDP

Its never moved and didnt move today; CAD gdp was also on par.

EUR gbp move started 15 mins before 20 trailing stop got (60) but with a BE stop got (100) i didnt take this trade cause just wasnt confident (and had yesterdays trade already) eur close on the box and got (20) with a BE stop got (50) targeting the next pivot

NY eur didnt take it and it didnt work just totally reversed it was going for a 2650 option and it took that out before snatch closed and the momentum died gbp candle was more then 30 and the momentum had died didnt take it and it lost chf outside faded of a pivot didnt take the snatch it lost there was an inside close that bounced off a piv below after 2 candles then went -10 then got (60) with BE stop cad had entry 30 mins before news and got (20) with a stop at BE entering after news would have lost closing inside at 1am also lost or atleast BE.

Lesson: Stick to the snatch rules

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