Tuesday, 1 May 2012

May Day

.... in Europe. Eurex was closed but the Euro was still trading. There was a change of trend during my night on the 5 tick range bar chart.

My first trade was an outside in sale of the overbought. The second trade was the BUY of the pullback in the direction of the trend. The third trade sold my FavFib resistance.

The exits were all fairly logical. The first was covered at support of the 33EMA, the second was easy - FavFib, although there were a couple of scale outs. The third was also covered at the 33EMA.

No comments:

Post a Comment