14/9: More rigid trade mgmt & focusing on Cable + DAX

Traders Networking Event: Smthg to bring to your attention – if you are in London and fancy having a pint and talk trading, then head to the City on Wednesday evening – it’s a free meetup (though you will have to pay for your own pint).  Here are the meet-up details: London Traders Network Drinks.  I will certainly be there!

Monday’s Trading Wrap

After two days of working on trade management tactics, and refraining from trading, I was back with a vengeance yesterday – although focusing my attention on only two markets – Cable and DAX.

It was a quiet session with an absence of Tier-1 news and Jewish near year.  A lot of news focus remains on growth prospects of China at the moment.

I was able to start applying some of the trade mgmt refinements to my trades yesterday.  The only trade that looked bad in terms of management (with benefit of hindsight of course!) was the DAX one – the question being whether I should have exited earlier.

So, all in all, fairly good tick for me yesterday!

Here are the charts (in chronological order):

625 cable sep14

626 cable sep14

628 cable sep14

627 dax sep14

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