Monday, November 16, 2009

#3+4


#3 price had retraced quite a bit after the large drop-off...i waited and took the rammy throw signal for a short only to watch price continue up a bit..could have held it but decided to cut the loser and wait to see..market was acting crazy


#4 got the short for some nice pips and i closed the position without being too greedy...the market ended up totally reversing the big drop a bit later, which is why u cut losers quick and bank profits when scalping bcoz even the best-looking trades might not work out as planned

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