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!!!
Wednesday, 3 February 2010
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