Classic Breakout

Gooood morning!!!!!!

Another great morning and good enough for me to actually finish for the day at 0845, now that sounds good to me cheeko..... This time it wasn't the scalper believe it or not, it was my old faithful...... yep the BREAKOUT!!!!!! +75 on that one this morning, with what i can only describe as a "classic breakout" to the short side. A nice easy +75 was bagged, which was a surprise after the very slow start to the year.

The scalper threw up two great signals, one on EU and the other on EJ at 0630 to go short, which would have been the perfect set up, but due to me changing my start time to 0700, i missed them, but not to worry. After the great result on the breakout i have decided to finish early again (part timer i hear you all shout!).

A comment was made in my live trading room this morning in reply to me stating i was probably going to finish with a +75 in the bag: "good enough Shane, looks like some of us here are learning to take whats on the table." I think this is a very good point and something i will be looking at more closely. Sometimes i think i am prone to over trading, which can result in me turning a profitable day into a loser, so will be looking at possibly stopping if i bag a lot of pips early on. Watch this space............

Result for the month so far:
Breakout = +75 - Total for the yr (starting from the 4th Jan): +45
Scalper = +193.2 - Total for the yr (starting from 1st Feb): +626.2

That's me done again, off to the cinema to take advantage of Orange Wednesdays i reckon, have a good en...... Oh Man U and Milan tonight, should be a corker, but will be staying away from the Stella's - LOL!