Posts Tagged trading psychology
Today was Fed day and I had come home after the announcement. I'm always a little wary of what the Fed does to the market but I entered long at 131000 after stochastics had turned upwards with a target of 132000. This hit target in a matter of minutes for 40 prices!! Hoorah! I kept on thinking to take profit at 10 points and would obviously be kicking myself if I had.
The market has since gone up further, another 40+ prices and still moving..
So, 40 prices taken.. I managed to keep contro
March 18, 2008
2 Comments Full Story
At 19.00 GMT, the FOMC made it's announcement.. I had no idea what they announced but the market didn't really do that much. I entered short when the market went below a previous support level at 135000.. unfortunately, it soon bounced back up and I had to nurse a 16 price loss! Ouch!
My trade wasn't a bad one, I had traded on break of the channel. Luck wasn't on my side this time.... as I write, the market has broken up above the upper trend channel. If I had bought this, I could have gr
February 20, 2008
No Comments Full Story
I am suffering from man-flu once again!! I was ill two weeks ago also so I'm feeling rather poorly.
Anyway, there's nothing getting in the way of me and my trading. I came back usual time today and shorted when I saw that the stochastics were turning.. I got in a bit late with an entry at 136175 and rode it to the round number 136000 for 7 prices. Nothing special!
The market actually went lower and I left a bit on the table. At this stage, about 19:15 GMT, I was looking for a long trade (s
February 19, 2008
No Comments Full Story
« Older Entries
Newer Entries »
