Friday, May 9, 2008

Tricky market

I had trade in eur/usd but I was nervous from the start so I exit it prematurely. Than I shorted it prematurely, all with half size trades.
Later I was bullish about gbp/usd that was trading in very tight range. There was clear signs of buying so I was long waiting for break out. Than something changed and I didn't understand what. I found out that strong sell of begin in gbp/jpy that took gbp/usd down. I did unwise thing of averaging with gbp/jpy that is usually very fast. I was lucky and got out at around b/e for those two half size trades.
+8 full size pips today

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