"Take Risks: If you win, you will be happy; if you lose, you will be wise. Nothing ventured, nothing gained."

Friday, March 12, 2010

11 Mar, Eur/Usd - Scalping

Accepted a new job offer - im still a government's dog. :D hope everything will be smooth and fine and doesn't jeopardize my lifestyle. im not into a 'workaholic' title. balancing other areas in life is very important to me as well. that leaves me to think if i am spending too much intimate times with the candlesticks.

Session: New York.
Duration: 2 minutes.
Timeframe: 15M.
Technical: Momentum.
Fundamental: Nil.
Strategy: Took advantage for reversal off exhausted buyers whom reached day high twice, prior to entry. First reach day high was after the release of of US Trade Balance (bullish) and Unemployment claims (bearish).

Came home after lesson to see a long candlestick, which obviously was due to the news release. Price climb its way up before exhausted and then reversal. Taken a short ride down quickly and out. S/l was set after entry. Manual closed at profit.



+8 pips.

Will be away for the weekend friends, sister's wedding this Saturday. Congratulations to her. It's a big big big big day! So happy for her! :)

Happy trading and enjoy your weekends.

Black

1 comment:

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