My favourite word for the month is "Controlled", and that's exactly how my trading is going at the moment. My Ichi trading is going very well by only going for what i think are the high probability trades. I'm now beginning to feel like a trader in the sense that i'm making my own trading decisions, based on technical indicators, rather than following a strategy blindly, so happy with my progression. This is not saying that following a system is not the way to go, it's just that i feel more comfortable with my trading, doing it this way.
No trade on my breakout this morning unfortunately, but at least no loss....
The Ichi EG trade i entered on Fri made me a nice +27 pips, so that worked out well for me. I entered another EG trade Long today from 8784.9, with my SL now at 8790, so pips bagged there again whatever happens, but will follow the KS for exit later on. Also just entered a GU trade short from 15574.9, with SL at 15620. Nearly missed that one because i was waiting for the news to finish at 1030, then realised i was on Wednesdays news, not today's, what a CLOWN i hear you shout - LOL! Just got in the trade at the right time, all down to Dave from my chat room - cheers mate!!!
Results for the month so far:
Breakout = -60
Ichimoku = +71.4 (With an EG Long active, currently on +25 pips & GU short, currently about B/E)
So not bad at all, just the 1 win on my breakout, puts me in a great position for the month, just got to keep the faith....
Tuesday, 9 February 2010
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