Monday, October 24, 2011

Last week

...was a decent week, going:

0/1 Monday
2/2 Tuesday
2/2 Wednesday
0/0 Thursday
0/0 Friday

Mondays are often my worst days in hindsight, because I always seem to be a bit slow off the starting block most of the time because nothing done on the weekend reading or thinking about the markets, and always too keen to jump into a trade.

No trades Thursday or Friday last week, this was smart because I "felt funky" waking up on Thursday morning, and could not really get a handle on market sentiment at that stage.  It felt particularly dangerous because I was able to trade with confidence only 24/48 hrs before, and I dunno....it seemed by Thursday midday like there was too much 2-way interest in terms of the news & technical picture.  As it played out, Thursday was choppy as hell, and Friday was less volatile but not much better.

Cant say I'm really feeling the vibe today either, as expected EU did not come up with a solution over the weekend.  Asia session edging up all day towards the 3900 handle, which should prove attractive sooner or later...but I'm on the side lines for now.

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