Tuesday, 24 March 2009

This week I didn't trade well. After I lost on selling EJ, I opened another selling order based on an H4 doji bar and a confirmation black (down) bar. Unfortunately I closed this order quite quickly as I didn't see a quick price drop. The situation is that the price dropped slowly for at least 3 consecutively bars.

UC:
Buy @1.127 is based on the 50% support at 1.115 is effective. So buy at the mid-point of today's daily bar.

EG:
Sell @ 0.9256 is based on today's long black bar. Sell at the mid-point of today's daily bar.

this week until now: -1.946%
1 week ending 20 March: +0.276%

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