Wednesday, 3 February 2010

Annoying Cable!!!

Another frustrating day on Cable yesterday. My breakout activated Short and again it took all of 40 seconds for it to hit my SL of 15, so -30 for the month - 2 trades, 2 losses.

I was searching for some decent Ichi trades yesterday and none stood out for me, however i did take GU short, once it broke free from the Kumo, but it messed about for a few hours then decided to go Long, so a loss of 50 pips there. This trade wasn't a perfect set up, but took some other factors into account and went for it, wish i hadn't.

My breakout has activated again today. It's Long from 16020.8, but the good thing about this is that i have moved my SL to B/E, so free trade today. I will next move my SL to +15 if it reaches 16080 and my final target of +75 is 16095.8.

No Ichi trades yet, but it's still early days.

So for the month so far i am 8% down.

Results for the month so far:
Breakout = -30 (with 1 trade active @ +15)
Ichimoku = -48.9

PUSH THAT CABLE UP FOR ME PLEASE GUYS!!!

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