31 Aug 2009



Well, went live with three trades today:
1. Cable short at 16238 Stop at 16353 above BEOB the reentred on 15m S/Star stop at star top.
2. FTSE Fut short at 4880 Stop at 4950 above 1hr S/Star
3. Audusd short at .8365 stop at 8476 above dly S/Star

I knew I should not have entred the Cable trade as there was a 4hr Pin against it. But like a mong I did it anyway. What happened to trading reversals with first having a TL break then strong move back to that TL high or LH or LL?? PATIENCE!! The daily cable was a clear example of Barb Wire. NEVER trade barb wire! Again! Right!

See charts below:

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