PaulF's Journal

[PaulF]

Wednesday 1st February

Of course I managed to miss the big moves again....!!

Trade 1, -5.1

aims-gbpusdsb-20120201-01.gif

[PaulF]

Trade 2, +15.5 Took profits when it bounced off the BRN (and previous high).

aims-gbpusdsb-20120201-02.gif

[PaulF]

Thursday 2nd February.

Let's start with a loser. Trade 1, -7.6.

aims-gbpusdsb-20120202-01.gif

[PaulF]

Trade 2, +14.7. Again I'm ignoring proper exit rules and clutching at profits..... Although in hindsight this was "round about" the 61.8 Fibonacci extension level....

aims-gbpusdsb-20120202-02.gif

[PaulF]

Trade 3, -2.2. Any suggestions?

aims-gbpusdsb-20120202-03.gif

[Mdock]

Hi

I took the same trade out a b/e.

Mdock

[Grant]

Hi Bobby,

i took that trade for 8 pips and the reasons i got out are..

1. it hit its head on the h1 AIMS low @ 1.3159
2. the 2 swings up form the low are around 20 pips each. EU more often than not loves 20 pip swings.
3. m5 200 EMA was at 1.3160

once a doji printed i took what i had. could it have gone further? of course it could but there were 3 reasons there to expect a bounce...

hope this helps

Grant


edit. btw it missed my TP by 1.5 pips at 3158....
edit 2, sorry actually took 9.9, the 8 pips is the winner from yesterday...

[PaulF]

Thanks Grant, I nearly got out on the doji myself.

Trade 4, +8.8. It just seemed to be running out of steam...

aims-gbpusdsb-20120202-04.gif

[PaulF]

Trade 5, -4.9: (entry was above the M5 AIMS).

aims-gbpusdsb-20120202-05a.gif

[PaulF]

I didn't take any trades on Friday.

Monday 6th February:

Trade 1, +2.0 (Entry above the 5min AIMS):

aims-gbpusdsb-20120206-01.gif