Re: shall I call the ambulance....?
Hi N and all else,
Bit late on parade posting this morning's bun fight as electrician had power off to repair fused circuit which I managed to blow up when hooking up Christmas lights last night - my youngest daughter thought it was funny as my hair stood on end and I did the merry "shocked" dance! The reputation of my diy skills holds no boundaries....
Anyway, moving swiftly on (cough, cough) here is what I "saw" earlier on:-
G/U Opened long on 08:20 at 63609 and immeditaely went into a MAE of just shy 11 pips - hmmm, hold the trouser change for a moment - then price started to crawl back my way slowly which allowed me to raise initial SL slightly, then started to slide back down again and took me out during 09:15 bar for a 14 pip loss, nearly an hour for a loss? Thanks - not!. Second trade opened on a sell stop order during 10:55 bar at 63264 and sure enough, got myself into yet more trouble with MAE of circa 10 pips four bars later, before price moved back south, then stagnated a few measely pips below my initial entry, went south again on a good sized bar that allowed me to follow this (oh so gently though!) with TS until finally being taken out during the 12:20 bar for a shade over 28 pips profit. Phew! A lot of worktime there which shows market hasnt really got any decent momentum, so decided to leave this pair alone.
E/U Opened short on the 08:05 bar at 47954 and got unceremonously stopped out five bars later for a 15 pip loss. Second trade opened on a buy stop order during 09:20 bar at 48262, stuttered around for three bars before finally engaging gear and heading northwards (big sigh of relief) and hit my TS at 05:25 bar for just over 22 pips profit. Third trade entered short (would someone please tell me where we are actually going today?!!) on 11:10 bar at 48291 with no MAE just for a change as price slithered southwards, paused briefly at the 48000 level before jerking down below which allowed me to drag the TS down to 47947 and as sure as politicians lie to us all, the 12:15 bar took me out for 28 or so pips profit. Finished for the day on this pair now.
E/G Couldnt find a decent set up to start with until price popped its ugly head above the parapet at 09:20 so a long opened at 90691 and fell into an immediate MAE of nearly 7 pips before price recovered and minced on upwards again and took my TS during the 10:40 bar to give me nearly 12 pips profit. I didnt rate the ensuing price correction much so wrapped this pair up for the morning.
Bit of a toughy this morning and that second G/U trade nearly had me closing out for a very small profit when it refused to move (temper, temper Simon...), but it eventually did the business for me.
Hope you feel better this afternoon N and get some sympathy from wifey! Trade well and regards,
Simon.
