Time flies pretty quick ending this year 2013. It’s Thursday already, and Next week would be pretty much holiday so no trade at all , probably until January.
Here is another day trade short term income example for today. Most of the system I used are pertained in my latest ebook Demand supply Guide at
It will be updated again next year , for anyone that has purchase it, will receive a free copy update.
I was browsing the 15 min chart and surprisingly on London open, those big boys were selling forming an engulfing. Immediately I went for the smaller time frame 5 min enter and look for any area that may pose an obstacle.
I have Close 70% of my position. A new entry During Pre NY session was revisiting supply. So I had put a pending order that got filled before the News release. Once the news release, this help in achieving my first objectives. Now with the remaining risk free, that I bank in 2 position with 20 lot each, that ‘s just enough money for day trading income.
Whatever happens to this position, I leave it to the market decide. I was planning to ride the EUro as far down as possible to the nearest demand on Higher Time frame.
And don’t worry too much about the Moving average there, that just a tool for me to trail my SL.
Happy hunting everyone!