Sunday, May 11, 2008

CorbanFx Weekend Review 5/5-5/9/08

We had a few trades in this week. We were positive in more trades than we were negative but ended with a negative week. Not much, 21 pips, but still down. However, I made two mistakes this week that cost me alot more than the 21 pips we lost. Had I been spot on, this week would have ended in a 171 pip gain. On Wednesday I was supposed to move my limit because the price made a clean break, and I was to slow. That cost me 50 pips on 3 lots. 150 pips that I should have made. On Friday I was slow pressing the sell button, and while the open of the bar was at 1.9738, I got in at 1.9731. & pips on 3 lots. 21 pips. Just that alone would have made it a break even week. Oh well, now we just keep going a hopefully get the trades done right the remainder of the month. Here are the results of the week:

Monday: 1 Trade.....+84 pips
Tuesday: 1 Trade......-96 pips
Wednesday: 1 Trade.....+102 pips
Thursday: 2 Trades...-204 pips
Friday: 1 Trade......+93 pips

Total: 6 Trades.......-21 pips.

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