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

Wednesday, October 04, 2006

Wednesday No News

Another quiet day waiting for EU and UK interest tomorow and NFP on friday .

EUR eur entry was just above a channel and we didnt take it, it broke the channel and gave (40) holding just until ny open gbp was going to take a short on the break of the daily low but i missed it by 5 secs and it fell and gave (20) the short signal then gave another (20) just into NY open

Lesson: If support/resistance is nearby you dont have to enter, but when it breaks that enter 1 pip under for sure

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