Tuesday, 23 September 2008

I made several mistakes in these two days.

1) I didn't do my homework during the weekend. There are clear signals on EU and GU weekly MACD charts which I have waited long. But I entered trades against the signals because I didn't do my homework and entered the trades in a ruch morning.

2) The prices I entered are reasonably well, which are at the critical R/S levels. But I didn't set the SL well. Particularly I removed the SL on E/U.

Follow the trend, use low leverage, stop losses, be peaceful.

EU:
sell @1.4957, SL 1.5060

GU:
sell @1.8799, SL 1.8850

this week until now: -8.25%
7 weeks ending 19 September: +14.892%

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