Thursday, July 23, 2009

Exit GJ

Had to buy more on the NY open, got a lucky uptick took about 50 pips all told.

Still short UC, looking for a lower high to short in London.

There are times when trading is hard, not because of the risk, but because the plan works so well, it gives you a false sense that you can read the market.

Today is a dangerous day because it worked out exactly as I planned.

My bias is for the market to stay put for the next few days. In fact, my true bias is to be right. I need to correct this wrong at all costs.

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