Wednesday, 5 May 2010

Afternoon update

What a choppy morning. Plenty of 1st targets hit and not much else, a few full stops. Horrid morning.

Coming into the afternoon session, a nice GBP trade set up and I managed to get all 3 scalper targets, and have managed to nik the 1st swing target as well. No trades this afternoon on EURJPY, as the potential for daily movement has gone away from me. So it's just a sit back and manage the GBP swing trade thats open, and the GJPY swinger. Not much else doing.

As you can see from the chart. My entry was below the red line on the far left of the chart. Targets are the numbers in green.

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