Sunday Aug 10th Frankfurt

I'm writing this post on Monday at 2:30pm with no screen shots of the secession. The account below is from memory alone so its going to be a little week. I plan on posting photos of every scalp I make, as well as, comments on each starting with the Frankfurt secession tonight.

Notes: I'm still watching both E/J and E/U which is very stupid. I need to make a decision and focus on one currency. I will make the decision on Friday of this week!


Frankfort Secession (Sunday, Aug 10th, 2008)
Scalp 1 = E/J = 4 pips
Scalp 2 = E/U = 8 pips
(Should have stopped)
Scalp 3 = E/U = -4 pips = Basically I got angry that I didn't profit on the initial move and tried to get in on the end. I need to remember that there are thousands of trades no need to force things. Simply wait for the high probability set ups...
Scalp 4 = E/U = -4 pips = The market was moving slowly and I failed to notice, I assumed I could get in and get out but cleanly it was not a good time to scalp. I scalped in the correct direction but I need to be more in tune with the attitude of the market at the time I'm making trades. If the market is trending slowly I need to hold the trade longer.... If I held this trade I would have made positive Pips...

-Jacko