Thursday, September 17, 2009

Up-and-Down Thursday

Missed all the major news releases of the morning, however looking back they didn't move the markets much at all..things were a bit slow at first, but upon recognizing the uptrend, I was looking for longs and hopped in on what I deemed to be a decent-looking pullback..almost immediately I was spiked out for a loss, only to see price bounce rite back to my buying level...I hopped in again and after a couple mins price spiked in my favour very fast..once I had made enough to cover my previous loss and then some, I exited, after which price dove down again...spikey price action and I was lucky to get out of my second trade with good profit..-10pips and +13 to start the day..

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