Sunday 10 June 2012

Friday's Trades

I am late updating my trades from Friday where I was only focusing on oil.  I had two trades, both longs, but fiddled with them both and only had net 20 ticks. I really should have left the first trade to play out and would have netted 64 ticks from my target.  The reason I fiddled with the trades was that I missed the optimum long signal and once I had gone long, the price action was choppy.  So I need to lose the frustration when I miss the optimum entry signal and not fiddle with the trade.

Here are the oil charts.




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