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

Wednesday, December 06, 2006

Tuesday PMU US ISM

Had with the trend pre news break outs gbp got 20 exactly and the chf and euro exactly 20

During NY had breakouts before news with the trend and chf got 20 and euro got 10 pound never broke. I left them open for news and got my ass kicked BIG time. Slipped majorly by Oanda cause I didnt have my stops

Also got into a CAD short before the IR didnt change and then it just moved up on US news and stopped me out I didnt reverse but the reverse wodul have got 10+10 on the outside.

I stuffed up all day today, just major greed issues trying to make 40000 pips a trade take 10-20 and then just GET Out. Especially if trading AGainst the trend u need to take 20 on the gbp and 10 on the eur and chf its that simple ok

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