Friday 6 September 2013

060513 Holy $!?* I booked some profit.



P/L: +1.2% / £27.80  CAP £2417.58

Trades:
1. Data Trade (-0.4) exit CBPL . Not ideal as contradictory data, NFP's down, Unemployment rate down =  stalemate,  went with initial M5 move, not that confident in trade but wanted to follow guide to the letter as a personal exercise because I have struggled to do so this week. This confirms that the result(s) has got to be definitive to trade it.
2. LSH (+1.5) exit TPO @ MN R.

Summary: Boring waiting for NFP's / US jobs. Got to remember (add to guide) only to trade data trades that have clear results.  Today's US jobs trade was shite with NFP's declining but US jobless rate falling,  this is not clear or decisive. Trade 2 was a nice simple setup. See George it's not hard to follow the rules. Got to start next week where I finished this week.

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