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Mondays Trades

9:29 AM Ovia , 0 Comments

Been a very difficult day today - the UK waiting for the pre-budget statement from Gordon Brown made the market almost stagnat.
 
the morning session revealed no opportunities whilst the afternoon identified many poor trades - I full expected to finish off in a negative position today and it was a pleasant suprise when i added them up. Here are the results
 
all times GMT+1
 
 14:15 long 1.7381 close -2
 14:24 short 1 min slo 1.7377 close -10
 14:57 long 1 min ss 1.7401 close -6
 16:05 short 1 min slo 1.7396 close -5
 16:41 short 1 min ss 1.7377 close full +25
 17:12 long 1 min slo  1.7374 close half +12  rest +9
 17:25 long 1 min ss close break even
 17:34 short 1 min entry into 5 min slo 1.7384 closed -10
 
final tally +5 pips
 
 
From The Desk Of ...
 
Soultrader
 
 

Friday Close

7:08 AM Ovia , 0 Comments

Ok, had enough today -buggar all this morning but had some fun with nfp this afternoon.
 
went long at 1.7291 and closed half at +75 the other half at break even believe it or not - was hoping for this to go position trade- the weekly chart looks to me to be a good long position - last weeks chart ended with a hammer bouncing off the 200sma and providing we can close above 1.7286 today we should be in for a higher finish next week.  I dont think it will be a proper trend reversal on the weekly as the monthly still bearish but i think this will see a bounce for the next week or three PROVIDING that we close above 1.7286 tonight.
 
I also took an added trade at 1.7355 which closed -10 based on a one min slo
 
so for the day +50.5 pips full up and for the week +205
 
 
have a good weekend
 
From The Desk Of ...
 
Soultrader
 
 

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