FOREX? Learn To Trade Futures.
Wednesday, June 23rd, 2010
We opened our live trade room this morning @ 730am and we followed the same routine as we always doâ?¦
Step 1: Identify the Market We See
Step 2: Adjust to what we see
Step 3: Execute trades according to our mechanical trading rules
We opened the day with a losing trade on the DAX (FDAX), which costs us 12.00 points on the DAX. This trade was a counter-trend trade set-up that we call the 2-step pattern. We made the right trade decision, but we just barely got bounced out of the market due to an extra-tight stop that was used of 4 points due to the low volume price action in the markets this morning.
Losses happen, and we had to then focus again, and look to take the next qualified trade opportunityâ?¦
Our next trade opportunity came on the EURO (6E), and this time we didnâ??t miss a tick! We enter this trend-continuation trade just after price broke into a pre-determined trade â??zoneâ?? that we defined at 730am EST this morning, and this winning trade made us ALL the money back and put us in the GREEN for …
Duration : 6 min 31 sec
http://easydaytradingrobot.com
When we opened our trade room today we quickly saw a VERY different market. We were missing something…?
http://www.click-finance.info/day-newsletter-penny-stock-trading.html