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

Wednesday, April 04, 2007

Wed UK Services PMI and US ADP ISM

Had a busy schedule today and things looked good lots of PMI's and a busy NY but we do have NFP and a Rate for UK this week.

Got a long at 5 and it didn't do anything got to 8 and then went to -10 finally 10 mins before the news I got my (10) and I got out.

News was no trade and didn't do anything and the gbp pretty much just rolled over so perfect exit.


NY got a short that did clear the lows after ADP at 8:45 immedialty reversed hung around and then stopped (-30) after ISM a reversal woudl have gotten (20)

I didnt trade with NFP coming and all maybe UK rate rise tommorrow good night to take off

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