First Trade 2013
Had my first trade for 2013. I shorted GPBUSD at 1.6115. I have decided that I will not trade anything unless I have three definite reasons, and with this one it was stopping at the 76.4 daily fib, also 200 4hr EMA and the 21 4hr EMA. At the time of writing I am 5 pips up after 4 hours and have set a take profit at 1.5976 so will have a long wait to see if it makes it. I do feel very confident about this one, but once I have made the trade it is to some stage out of my hands. Going to leave it alone for a few hours to let it take its course and keep emotion out of it.
Have not done any improvements to the look of the blog today waiting on some new graphics to make toe look more professional. It should be here tomorrow and will look a lot better than my attempts, although I was reasonably happy with my attempt, these will improve it out of site.
I am glad I am inside in the air conditioning writing this. It is 40 degrees again (5th day in a row), total fire ban and really strong winds. We have over 100 bush fires in the state at the moment, but it is a nice 23 degrees inside.