1) Nikkei : Short at 10510(1:32:00 Singapore Time) , scratch at 10510(1:39:00).
This can be considered as good scratch since the price went up to 530 also can be a bad scratch since the price went back to the 10500 lowest.
Reason I short :ShangHai Comp.dollar/Yen
2) Nikkei : Short at 10525(1:45:00), took at 10520(1:59:00) +1tick.
Very stupid take, the Nikkei was already going down(Lowest at 10500),but only a small pull back made me took. I made such a mistake around million times already,still not learn any lessons.Plus not dare to short another lot at 10530.......
Reason is same as 1)
I will trade today's GDP News, take a break first.
Today's Chart attached
The following user says Thank You to zh0001ye for this post:
You listed "reason: news". Does that mean it is in your plan to trade in front of, and hold during, a major news release like ADP?
If it isn't, then the reason isn't "news", it is failing to follow your plan. Actually, even if your plan DOES call for trading in front of and holding over news, the "reason: news" is still not very accurate --- a better description would have been "reason: was wrong". There is nothing wrong with be wrong. Not every trade is a winner. The important thing is to identify if you correctly followed your plan and that resulted in a loss, or if you were swinging from the hip and no plan was involved.
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