Hi people a steady start to the week. Was down about -57 pips on the scalper at one point this morning, then two decent short trades on EU and EJ bagged me a few pips and i managed to scrape back into profit by +14 pips.
My breakout looked ok for a Long, but unfortunately it did what it's been doing a lot this year - hitting my entry level, hovering about the entry level, then dropping, so a -15 this morning on that one.
I made the right call not to trade NFP Fridays because if i would have traded Friday just gone i would have given about 120 pips back to the markets. This scalper is great, but like most strategies, it does not like rangy conditions. So for any newbies reading this, be aware of NFP Fridays (first Fri of the month) as the markets can do strange things - BEWARE!!!
Result for the month so far:
Breakout = 0 - Total for the yr (starting from the 4th Jan): -30
Scalper = +94.2 - Total for the yr (starting from 1st Feb): +527.2
That's me done folks, off food shopping - great!
Monday, 8 March 2010
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