Friday, August 19, 2011

Update

Had about an hour of fun today.  Here's a home run trade gone wrong (keep in mind this is 100% of my book):
















What I should have been watching - Euro:


Notice how the Euro peaked at 10:15 but the market peaked at 10:30.  I had 15 minutes to get out of my long position.  Also notice the Euro broke its uptrend line at 10:30, exactly the moment the market topped.  This was an easy exit point, especially given such quick gains, and in retrospect, the most lucrative one.

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