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

Wednesday, November 22, 2006

Tuesday Cad Retail

There was no euro break outs this week has been quiet with thanksgiving and no US or UK major news

NY had the cad retails and we were looking for longs only

NY - cad the news candle pushed it all the way up the box and closed outside. Took 8 candles to get up to R1 (10) and stop to BE it broke past the pivot but then failed and fell back down and stopped out reversed at 2:45am night before the reverse was 3am chf usd was falling got 10 without spread and bounced of S1 then went to -10 and at 6am got (20) but you woudl have had stop at (BE) after the S1 hit.

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