Magpie Trader
Thursday, September 01, 2005
Short cable at 1.7860. 20 pip SL. Top of 5 min fib, TL down and 30 min mid line on bollinger band. Looking for return to 17845 at least.
closed at 7872
-12
not a good day today. Things to ponder are making the day trading strategy that I know into something I actually use rather than always looking for the big move. Missed 4 or 5, 15-25 pip moves today due to this. Also just noticed a blatant 30 min CCI TL break that I missed for the US session spike up, plus 15 min MACD divergence - good for 45 pips at least. Too pre-occupied with looking for the big short trade. Hopefully a lesson learnt. Trade the chart!
-27 total
New trade. Short @17881 SL 30. TP 17860
New order fits my strat perfectly so it should be taken.
closed at 7872
-12
not a good day today. Things to ponder are making the day trading strategy that I know into something I actually use rather than always looking for the big move. Missed 4 or 5, 15-25 pip moves today due to this. Also just noticed a blatant 30 min CCI TL break that I missed for the US session spike up, plus 15 min MACD divergence - good for 45 pips at least. Too pre-occupied with looking for the big short trade. Hopefully a lesson learnt. Trade the chart!
-27 total
New trade. Short @17881 SL 30. TP 17860
New order fits my strat perfectly so it should be taken.
// posted by Magpie @ 12:10 am 
