Monday, 8 February 2010

Fresh Week

Hope you all had a good weekend.

Some great rugby to watch yesterday and some cracking football kept me pretty busy throughout the weekend.

Had another frustrating morning with my breakout. It activated, went to about +40ish pips, so moved my SL to B/E and it decided to retrace and hit it, so B/E for me today on that one.

Placed another great trade on EG Long on Fri afternoon using Ichimoku. I usually stop trading around 1200ish, but this trade took my fancy, so i waited for it to break 8735, which it did around 1630ish, so entered Long at 8741. My original SL was at 8705, so about 36 pips. It is now about +53 pips in profit and my SL is now at 8765, so whatever happens, pips will be bagged. I'm going to stick with it and wait for it to cross the KS. Nothing takes my fancy today, but i must say i am liking this controlled way of trading, it sure suits my trading style.

Results for the month so far:
Breakout = -60
Ichimoku = +44.4 (With an EG Long active, currently on +53 pips)

So a decent start to the week and a profitable day whatever happens to this EG trade.

See you tomorrow.

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