Monday 17 August 2009

Last Weeks P/L FLAT. Today +126$

Just a quick update; last week was non-existant trading wise. You can see the P/L below.






Today I reckoned 1.4050 was showing good support after a big move. I was pretty sure it would bounce off that level. Actually I had looked at chart and seen it bounce already before I entered my buy order. I got in around 1.4064 and shortly after it went back to test 1.4050, but with benefit of having seen it go down there 3 times - well 3 10minute bars - it looked like a decent risk reward to buy some when it go down to 1.52.

After that I left my screen for 15min. When I came back instead of being in the red for 140$ it was in the black with 126$. Decided to take profit and run.


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