Tuesday, August 16, 2005


Getting home from work around 5 pm and I turn on the computer and open up the charts to see what I will do this evening. I am trading the EUR$ since I feel comfortable about how it moves.

This evening the price is at 80 and is overbought and is above the 21ema. I set up EUR$ for a Sell and then waited. I set limit for 5 pips. The market did go down and I hit the 5 pips within about 15 minutes tonight.

At this point I was not seeing anything I wanted to trade with the EUR$ so I decided to wait till tomorrow and pick up more pips then.

Today +5 pips. Week +15 pips.


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