Monday, March 3, 2008

New month

Forex market was slow in the morning, too slow. I was scalping a little but didn't make as much profits as I could. Last trade in eur/usd and usd/chf pairs went much farther. The thing was that I entered usd/chf trade too early and it looked like it will become loser. I entered eur/usd trade like some kind of averaging for usd/chf. I was happy to take them out around break even. I wasn't thinking when I entered the trade nor when I made an exit.

Gbp/jpy trade was best today. It was looking like there will be more to the upside although it slowed a little. It is usually spot where I short uptrend and get burned, so this time I was going in the direction of the trend. In one minute all was over.

+17 pips for trades

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