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Thursday, July 1, 2010

#6-8


6-got yellow and shorted, i thought this would break down further that is why i did not close it. started going back up and i got out +3
7-same exact setup, i had it in my head this was going to test the 50 area -12
8-soon as i exited i got yellow and shorted and this went beyond my trading time but i thought london would close and trades would close their positions, take profits etc, so i held it until i got yellow +18
No one likes taking these big loses and it seems crazy to hold it that much against you but I was +++ for the day and the EU had moved up 250 pips since mid asia so it felt the 2450 area was right near the top of this big move up.

Not the smartest trading today, too much thinking and not enough reacting and taking profits. But a very solid asian and NY session for me.

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