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

Thursday, March 15, 2007

Thur 15th March US PPI

There was NO uk news and some Euro news I have no idea why I traded it was barely a signal and a doji at that too. Took a short and it was in this 30 pip range and thats where it stayed having a stop above the range at 34 meant got stopped (-30) out 10 mins before NY open it just kept ranging. Market is still a mess do to the other crap. Taking CAR got (30) eventually.

I have to get my head around the timings the CAR was a stupid mistake trade and was just lucky cause it never hit the other side of the box as the target.

NY 5 secs before PPI got a long didn't take it news was bad and it just chinese finger trapped most it got to was bout 4 pips in the next 1 hr before it fell and stopped out. If u CARed asap you got to 10 pips and then stopped out at 11 exactly.

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