Thursday, August 18, 2011
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.
Tuesday, August 16, 2011
EURUSD 16 August 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.
Monday, August 15, 2011
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.
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