Magpie Trader
Thursday, September 15, 2005
15/09/05
Short euro at 1.2220. 1st TP 1.2175
SL now 1.2232 as RSI divergence on 15 minute and a longer term divergence seems to be forming on the hourly. The trend is still down and there's heavy resistance around the 2230 area so hopefully a drop to the round number will occur for an exit. The pivot at 2217 is holding though.... Otherwise it looks like another range day where I missed the original half profit exit at the 2200 area. I'm hoping the more I miss them the more it'll be ingrained to automatically take them.
As i write I' m stopped out.
-12
Will wait for a break of the hourly down then a retrace before entry north. Otherwise wait and see at the hourly TL for a continuation south.
SL now 1.2232 as RSI divergence on 15 minute and a longer term divergence seems to be forming on the hourly. The trend is still down and there's heavy resistance around the 2230 area so hopefully a drop to the round number will occur for an exit. The pivot at 2217 is holding though.... Otherwise it looks like another range day where I missed the original half profit exit at the 2200 area. I'm hoping the more I miss them the more it'll be ingrained to automatically take them.
As i write I' m stopped out.
-12
Will wait for a break of the hourly down then a retrace before entry north. Otherwise wait and see at the hourly TL for a continuation south.
// posted by Magpie @ 7:46 pm 
