Wednesday, May 6, 2009

5-6-09


Sometimes the patience pays off and sometimes it doesn't. First trade cracked through resistance on the 15 min chart and just hung out for about 45 minutes. That should have been telling me something. Funny thing was it missed my first target (which would have scratched the trade overall) by 1 pip. Yep now that's luck :)

Second trade was no waiting around and a nice reversal play. Unfortunately it moved so fast there was nowhere to add to my position.

Overall +9.5 pips on 50k

LT

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