EURUSD 01 Aug 2011 A good start to the week. Placed a short after looking checking the ichimoku charting. There was some consolidation after the trade executed, nevertheless, stop loss was in placed. Finally, the price action revealed itself. It trended downwards. Good profit for the day though that's the only trade for the day. Position closed out gradually.
EURUSD 02 Aug 2011 It had not beed a good day. Added short position while price retraced. Turned out to be a reversal. Was stopped out
EURUSD 08 Aug 2011 Another good start to the week. Did not trade during the last 3 trading days due to appointments Placed a stop in order, the price triggered and got into position. Price action was against the position initially, but turned along with the tide subsequently. Price continued to lower. Gradually reduced the position and closed out when price went abve the cloud.
EURUSD 15 August 2011 Was away for business trip in China for last week. It was a slow day with not much volatility. The price was already trading above the cloud. Went long when the price traded up. Some retracement thereafter. The price continued to trend upwards. Closed out half the position initially and closed out the remaining when the price traded below the cloud.
EURUSD 16 Aug 2011 Entered a long position as the price traded up. Retracement was significantly more than expected, wind down half of the position prior to stop loss level. Market moved higher there after. The rally was short lived. Was stopped out eventually. Ended the day near breakeven.
EURUSD 17 Aug 2011 Another day of choppiness. Placed a stop-in order for a short position. Price got triggered. Market turned around and closed out. Placed a stop-in order for a long position thereafter. Price got triggered. No momentum in the rally. Position closed out. Ended the day with small losses.
EURUSD 18 Aug 2011 The day did not start well. Went long the first trade. Price action reversed. Postion closed out. Went short accordingly to the trade plan. Add on short position accordingly. Price action followed through. Position stopped out at 2 price level. Good profit for the day.
EURUSD 19 Aug 2011 It was a very slow day. Entered an order to long. Price triggered stop in long position. Price was consolidation for hour. Closed the position. At this moment, the price had moved upwards in favour of the "closed" long position. Nevertheless, its in the plan to close out the position. There is always another for you to trade.
EURUSD 22 Aug 2011 It was quite a choppy day. Entered the day with a short position, position was square off as price showed reversal. Another position was entered to go long. Position was partially square off when price entered the cloud. All position closed out when price traded below the cloud. A day with loss.