Recap 6/28/04

Today was one slow day. I came in late again so most of the moves where early in the morning. I did not make a single trade all afternoon. I did not want to make any trades. I was fearful light activity, would make for choppy markets. I did not want to get chopped up. Now if there was a major support/resistance on a FX I would have taken it of course, but there weren't any.

We go to the evening session. Market was really light, but Japan had there emplyment #'s (which where stronger) and the more important Industrail production(which came really weak). I missed out on the Yen and I got chopped out a few times. I missed a good move, but I was really fortunate to participate in the GBP move down. I was able to sell GBP all the way down to 1.8256 from 1.8998. I did not ride that entire move. but I was in an out and except for one trade that I got in at a bad level, I made nice trades.

From making no trades for over 8 hours, I made 9 trades in about hour for a gain of +32 pips. I'll take it on a slow, day of course I could have made more, LOL

P.S For all who read my posts, does anyone know how to paste my trades on to the blog. If anyone can tell me the process I would appreciate it.