Friday, April 11, 2008

Friday 4/11/08 Daily Update

Close the week with a bang!

OK..so it's the last day of the week and I felt bad when I got up at 5:30 and realized I had just missed a trade by 15 minutes. It would have been very profitable. Thinking all was lost and that I wouldn't get another opportunity, the market gave me a break and at 8:45 am there was another valid signal to the short side and since our 4 hr trend was down I jumped in.

I got executed at 1.9726 set my limits at 1.9700 and my stop at 1.9750. 10 minutes later my limit was about to be hit and I thought about letting it ride and setting the stop at that point but I decided to just take my profit and call it a week. A nice 26 pip gain times 3 lots gave me 78 pips which was enough to put me in the black for the month and I just didn't want to tinker with it.

Today while I am happy that I got 78 pips I am a little upset about not catching 120 because i was sleeping so I finally got alerts set up an can't wait to try them out on Monday.

So here are the charts for the day..take a look and notice how much more was up for grabs and how not having alerts cost a bundle of money.

Talk to you soon.

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