I was scalping today. It's breaking out historical levels and I'm not comfortable to trade that market. I just don't like it. But I always like to scalp. First trade in usd/jpy was loss and I should go out immediately when it turned on me, but I didn't. So on next trade I was firstly recovering that loss.
Than I went in eur/usd and usd/jpy with 1/2 positions. In and out when you got gain, no thinking.
I think that now three days in a row I lose on first trade and than recover on second and get out while it go more in my direction after my exit.
Before on market like this I would usually fight the trend and go against eur/usd which is breaking historical highs. Now I don't feel good with going with the trend but at least I don't fight it but scalp a little.
+9 pips
Reversal sure thing?! I got burned many times calling that a reversal.
Thursday, April 10, 2008
Subscribe to:
Post Comments (Atom)
No comments:
Post a Comment