Tuesday, November 6, 2007

Early uptrend



I entered long on the pre-London uptrend, after MA support and CCI above 100. I exited at Resistance pivot line for a +10p. Not bad for a 2 min. trade. I could take more staying in, but the res line could also eliminate my profit.

2 comments:

David Aranzabal said...

You are going great! This morning I didn't catch EUR/JPY. As there was no trend change in the LO I didn't find the right setup.

Ronit said...

It’s so profitable if one is able to catch early trend, but of course there is a lot of risk that this carries and that’s due to new comers not having enough experience, I believe that in order to be successful, it’s very important that we catch trend correctly instead of getting trapped with wrong one. I find myself extremely lucky to have OctaFX at my side, it’s a lovely company to work with due to their highly upgraded platform like cTrader, it’s super cool!