now gaining 100, but trailed very close, I was tempted to take profit but I prefer to let it run... if only I would have waited for a support...
made $172 as I decided to take profit, then the market went up, ok so now I'm a little up for the day, next trade will be at WS open and it must be only 1 trade. anyway tempted to go short now... on a good setup
I was out for a walk, but before going out I inserted a short order near a good res, but the market went up and took my stop, I'm happy about this trade anyway, so far am at $0 - $20 commission. attached lines for EUROPE markets
gaining $86.05, stop at break even - 1tick (commission). I like very much this setup and I should have placed a stop higher, I go for a walk, looking at my charts the first target would be at 2902 for a gain of +$143 but I placed it at 2883 (+$415.82) bye for now
I decided to place my stop at the correct price over the daily high for a stop of $-57.35 total commission for today are $25 so it would be a loss for the day of around $100, but I decided this is my last trade of the day I wont trade WS today, this because I have made enough trades for today. bye for now
Stoppped and now I'm at -$72 -$25 (comm), I made 5 trades and it is enough for today, I go home and won't trade WS, I'm feeling ok, I liked this trade and todays loss it's ok too... attached the current UE res/supp lines
05-10-11 12:55 PM number of trades 5, 5 FESX FESX = -E50 (-$72) commission: -$25 TOTAL: - $97 one very big mistake today, I entered the first trade in the middle of nothing!! didn't wait for res/supp, so I broke the basic principle of my strategy wich is based on res/supp. This affected all my trading day, becasue when a setup was very close and I anticipated a little with my second trade the market made a big bounce, but I took profit a little over my BE point, to recover, yes it was a good profit around $150, but then the market rallied to more than a hypotetical profit of $700, if it was the first trade I would have maybe took profit at around $300 or more.