Wednesday, 28 March 2012

Couple of trades so far today;

An early short (too early) at 14:37 based on divergence, filled at 2783, stopped out pretty much immediately for a loss of 2 points.  Further sell signal at 14:44 again based on divergences, short filled at 2786.75, this was slightly better with the market selling off 6 points, moved stop to breakeven before being stopped out during a rally up to my stop, the market then continued to sell off down to as low as 2771.75, slightly annoying since the stop only got taken out by 0.75 of a point but that's trading.

Trade 1

Trade 2

Currency divergence in addition to sell signal for trade 2;

Close but no cigar................................

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