Wednesday, June 15, 2011

EUR-USD: Short position



Sold EUR earlier today but my trailing stop got hit so I am trying to optimize my stops/trailing now plus the optimal position size. Trading on the bigger time frame gave better returns(pip per se).

Majority of my "winning trades" before came from the short side. Majority of my losses are from choppy movements in the 10-sec frame. Thanks to my uberly stupid position sizing, my losses are greater than my winnings lol.

It really feels easier to make trades on the short side.

Currently focusing on trading 1 pair only which is EUR-USD.
Sold EUR-USD again earlier on bear flag breakout. Let's see how this one pans out.


*Doji candles seems to be working well on the 50EMA.

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