Mr Cat learns to trade

Plan.

Watching 10min EURUSD and AUDUSD.... when i get a signal here, i will go to 1 min and play if i get a confirming signal.

Risk -1-3% Per deal looking for 2-1, to 3-1.

Euro's threatening a move north. The US economy is as cactus this week as last week.

My idiots thinking is that both the Euro and the Aussie is oversold. So ill be more selective of bear plays.

Watching 10 min charts, doing admin and chores.

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In on Euro @ 14845 - stop at 24 - $24 Risk Upside? say early 80s $35.... ill need to pull the stop up to improve odds.

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locked in second contract at 60.... Stops set a 50 20 Risk Upside say 60 Good position

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Closed position @ 1.4879 Profit $53

Both index up to 88 RSI +80

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Next deal may be one to let evolve into a longer position.

I'm going to hazard a wild guess and say there's a small sailing boat involved in there somewhere????

Could be wrong, but your nick suggests you may be a sailor

GJ

Buy Euro @ 903 Stop at 85 $18 Risk

Theres up to 130 Upside with a resistance point at 27 so odds are good. Risk at 1.8% is higher than i'd like though.

Stop at 85 filled loss $18.00

Nah ... hippy.

Drat . ... 1 all for today + 35

Euro tested 14912 twice.... past 33 seems to me where the action will be.

Should I buy in cheap... ie 120 and double at say 135?

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buy signal on 2min and 1 min.... waiting to see what happens at 112