You can see the triple top set up on the 5 minute Dow with the Pivot being the resistance. A good point to short so had a short order at 10887 and rode it down to 10855. My original target was 10840 but hey, I'm still in profit.
There was a huge drop with the EURUSD and my system had indicated a short entry at 1.4270.. this would have been a lovely entry and very profitable.. however, as you know, I work a 9-to-5 job so was unable to enter. However, my long at 1.4241 last night with an exit price of 1.4290 yield a nice 49 pips. I have just entered long 1.4175 now with a stop at 1.4135.. let's see how it goes...
This is becoming unbelievable.. I traded both the S&P and GBPJPY today and both were winners.. this makes my total to 11 winning trades in a row. Considering the spreadbet company takes a spread either side of this trade, I'm doing remarkably well. I don't feel as though I've become a super trader but I do accept the maximum loss that I expect per trade. I put on the trade, set the stop loss and mentally accept the maximum loss. This makes me feel less nervous should it go against me.. I kno
