Thursday, September 10, 2009

USD news trade


Waited for the next release of important USD news...reaction was minimal and i chased a trade that really wasn't there...in at the break of previous resistance however price only stalled and i pulled the plug before it got too far away (another important discipline - closing losers early)..basically a flat day for me now as I erased the gains of the previous trade..will see what else the market brings today..

2 comments:

  1. How many trades do you take per day on average?

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  2. Hi Harvey...I normally take between 2 and 4 trades per day...prefer to wait for really good setup as opposed to trading when market isn't really moving or price action is choppy..

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