Disabled Traders Program #88 for 2010
In recent times I have often said that the quiet conditions can be a good thing, in the way that it makes protecting profits much easier. Unfortunately, that same logic makes recovering from a bad start to the week that much harder.
There were only the 2 Asian trades entered today. EJ looked the goods but couldn’t quite reach its full potential of 100 pips. I stuck to a very tight stop strategy and secured 60 pips from this trade. All-in-all I was happy with that outcome. Sadly, AUD/USD was not so friendly… cutting the day’s profit in half, with a loss of 30 pips.
With 2 trading days to go, I’m glad that today proved profitable. Will the second half of the week get me back in the black? Time will tell.