Mr Cat learns to trade

This is a discussion on Mr Cat learns to trade within the Trading Journals forums, part of the Reception category; Plan. Watching 10min EURUSD and AUDUSD.... when i get a signal here, i will go to 1 min and play ...

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Old Aug 12, 2008, 4:53am   #17
Joined Aug 2008
robicat started this thread 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.
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Old Aug 12, 2008, 7:47am   #18
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robicat started this thread 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.

*****

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

****

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

*****

Closed position @ 1.4879 Profit $53
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Old Aug 12, 2008, 7:49am   #19
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robicat started this thread Both index up to 88 RSI +80

******
Next deal may be one to let evolve into a longer position.
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Old Aug 12, 2008, 8:36am   #20
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robicat started this thread 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
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Old Aug 12, 2008, 8:37am   #21
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robicat started this thread Nah ... hippy.
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Old Aug 12, 2008, 8:42am   #22
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robicat started this thread Drat . ... 1 all for today + 35
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Old Aug 12, 2008, 10:06am   #23
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robicat started this thread 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?

***
buy signal on 2min and 1 min.... waiting to see what happens at 112
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Old Aug 12, 2008, 10:20am   #24
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robicat started this thread Stalled at 914

Bought Euro at 149.19 ??? Stop at 149. Risk $19.

Looks like stoopid computer is going to jam lol. Checking price I got on for.

Stoopid computer.

Anyhow stopped out. Loss $19. No way its that much with better PC. Oh well.

$16.00 Up 2 Losses 1 Win

Gotta set the stops tighter. Get risk under $10. at kickoff.
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