Wednesday, May 16, 2007

US Session 16-05-07

I was trialing a new system and didn't notice that I was going against a strong trend. Consequently, my long AUS/USD trade made a massive 25-pip loss. I need to be extra careful next time round and not to let this happens again.

Long AUS/USD (-25 pips!!!)


Short GBP/USD (+16 pips) - Didn't quite get the best exit price, but I need to book this quickly as I was caught wrong-footed twice in today's action.

Session rating: (value:-0.5); Accumulated so far: +1 star

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