Thursday 21 June 2012

Today's trades

I only took 2 trades today. The first was a short to try and get into a new trend. I was premature and closed with a 5 tick loss after price was going no where. I then missed a very good RPM signal to re-enter short, and after that, CL fell for the rest of the day.

I made my money back on CL later with a CT scalp on 2 contracts.  I still do not understand why I contemplate CT scalp trades, when there are so many good trend re-engagement trades identified by the RPM, which gets you in profit quickly and more importantly, stay in profit.


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