Tuesday, August 09, 2011

Day 7. Eight Orders Today

Day 7. Eight orders on 7 markets today

(Crude has an OCO order with both buy and sell levels advised) The USD/JPY had already passed the entry point so I went straight into that trade at a worse price than the system level. Forex trades 24 hours a day and the system levels are available to me after midnight. However I generally put my orders on in the morning from around 9.am.
The Dow had also passed the system entry point about half an hour before switching on my PC. As it was by then 80 points away, I chose not to enter, instead waiting for the market to come back to the system entry point. If it fails to come back to the systems advised10809 level then I will miss a profit.

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