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

Wednesday, August 30, 2006

Wed Asian Sess

Had a sell signal at 9000 and 2840 market was at 8970 and 2820 bouncing off support so I went long and then woudl short at the levels at the top. After 1hr I pussyed out with a few pips and shorted then it jumped to 9000 and got to 2840. And then had I shorted there woudl have made 20 pips.

Also on the chf I went long 4 pips from the bottom cause I didnt think it woudl hit the bottom but it did,

Also I forgot I had stops in place and they got executed and stuff things up. Just generally trading hasnt been in the right mind set. lots of losses at the EUR/USD thing is ticking me off. Just taking trades that I am not sure about is actually ticking me off and screwing up things. I need to sort out my broker stuff to stick to the two i have and make it work use oanda for news. Also dont ever fuckign listen to anyone ever again.

Lesson: S/R B/O definetly do get filled; dont ever chase the trade; let it come to the entrys: THEN ENTER. NEVER EVER JUMP BEFORE, If it moves off well fine but that wasnt ur trade so its not ur trade

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