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Old 04-06-2007, 03:14 PM
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et, now it's mainly against the market's expectation. But in the future, the algorithm will get complex and specific to each indicator.

I closed my trade when it lost -36 pips. It was damn fast but allowed me to close. The second Bloomberg flashed 180,000, the price jumped to that already. I did try reversing to short (now profiting back 7 pips) for the sake of testing. I don't think I'll do this next time. It should be just closed and that's it.

Ok, it's now time to close the trade. Today's trading is -50 pips. Bad loss but doesn't surprise me; because it's inevitable. I risked 1 lot since Fractals Paint is red. If standard size for you is 1 lot, then today should be 0.5 lot.

My comment for today: trading news is extremely risky. It's pretty close to gambling, really. The calendar was half correct. The timing was precise. The market did move but against the forecast.
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