Wednesday, July 6, 2011

Playing contrarian

No breach of discipline, great. I must admit that I got very angry after my third trade played out as I was hoping, expecting it but without me. I got shaken out just before the move. You try to save few pips and not get full stop and you miss the move because of it. So my trades after were entered in angry state of mind. Luckily I held my last trade and didn't make same mistake.
Today it was kind of tricky to trade so I chose path of pretty much contrarian trades to my usual ones. I was playing range and gunning for fast reaction in opposite direction of immediate trend.

+11 pips

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