Friday, 23 April 2010

CABLE system

Yet again the system worked- I took the trade but closed out for a small gain. I had decided some months ago that a 30 pip target is optimum and all this week -6 trades one break even, made 30, but 2 of them went on as runners to make another 150pips.
The way to trade this seems to be in 2 lots- take the initial 30, then leave the runner to be closed at ones discretion- and the chart should give a reason or 3 for closing out.
It's been a better week, a the gloom has lifted somewhat, now if only they'd put that silly debate of the big three in a desert island survival setting, I'd be interested.

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