Wednesday ISM

Had a London session scratch news and nothing moved much

Had a gbp buy that gave 10 and then had to wait in a ranging crap until NY to get it but then you're gambling on the news (30) ... eur also had a sell that gave 9 pips and then it lost (-30) or you did have a chance to get out at BE.

ISM came out worst ever and there was the usual spike up and BUT the first 15mins candles hit Option barriers on the CHF YEN and EUR and the GBP hit resistance they all fell back down and the gbp even closed back inside the box. I took chf yen and gbp (for some reason i stuffed up and took this instead of the euro)

The gbp tanked and it lost straight away. The chf and yen gave about 8 or 9 each and then they reversed. The yen and chf all sat at -25 and then I went to bed i set stops to 30 and then limits to 20 pips. 1hr after sleeping it went to BE and even + a few pips and then stopped out asap.

Also I spoke to rob just before this trade and he said he was willing to take it, so I guess this was just a lost that we had to take, pity i stuffed up the gbp though, never jump the gun and get in on the wrong pair!

I also traded too many pairs got greedy and over-excited from the night before I'm sure thats what happend I hate the yen but saw it do 30 last night so i thought I'm doing it again. Go back to basics and stick to chf gbp and eur.. silly boy

Lesson: You cant go to sleep and leave a 1hr trade for a few hours cause the stops arent designed for that