Saturday, August 23, 2008

Week ending 23rd August

Ended this week with a slight loss due to Tuesday.

I got another 20pips yesterday and 30pips today (+37 on Wednesday) giving the total to 87pips. Though up in pips, but a bit down in value.

The best part was that the last three days was a complete joy to trade. I took the safe trades, did proper money management. I was relaxed. The trades were well planned.

Most of all I'm really happy about the way I traded. It was fun to trade.

Some lesson to take home would be that
a) price will always always always retest, don't hurry to jump in or chase
b) the market acts like a casino always tempting you in
c) my analysis is usually correct but i jump the gun too fast... way too fast.

Lets see what next week brings.

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