Tuesday, September 6, 2011

I See It

Trade what you see, not what you think.
ThalesTrader

That is what I wrote down and shared with a friend.  I was down R 1.2.  I then traded what I saw, and finished the day up R 1.6.  I realized all my horrible losses were from where I thought the market should go, and talking myself into some sort entry.

Here are my 2 trades after I wrote the quote down.

Euro 10 min chart:
Euro 1 minute chart:

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