Trading Day 7

DAX
The DAX has lost another 100 pips yesterday. EURUSD surged to 1.1130.
As long as no calming in sight, short is to be assumed








The Daily Trend  is Sell, Hourly trend  is SELL

Other

Nikkei: -1.12%, Negative
Hang Seng -0.12%, Neutral




Currencies
EURUSD: 1.1118 +0.16%, negative


Agenda
Europe - Some unemployment clains

US Session - Unemployment Claims, ISM, big impact

STRATEGY FOR TODAY
2 Scenarios
1.Continues to go down - likely. Then I'll play only short
2. A constant recovery is ssen. I'll play long with tight SL


Monitor very carefully EURUSD and Nikkei for further strenght and open short position

Ticket Size: 10
Number of Tickets: Max 2
Direction: Long/Short
Target: 200 CHF, Max 240CHF


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Results
Shortly before nine I entered short at 10450, first I was 10 pips in plus, then it started to go up. I entered a second short at 10460. In the beginning I was like 350CHF in minus, but then it turned around and I managed to close for 180 CHF
I got greedy and entered a long position at 10470 then another one at 10460. Not much drawdown, could exit it for 180 CHF afterwards


Anyway, I'm starting to get greedy. I have to refrain myself from entering a position when I got the daily target. Not my best moment
Also short was not obvious today. The indexes seem oversold. For tomorrow I'll have to consider a long bias, if nothing negative is happening today.