The strategy is testing patience - 4 swings for 4 misses so far. Trading discipline should mean that losses are limited to 4 x 15 = 60 pips, despite the lack of a successful trade so far. Here are today's levels:
And for the record, results so far:
You can read more about the "Five Minute a Day Trading" strategy here:
http://blog.cmcmarkets.com.au/2012/07/31/five-minutes-a-day-trading/ |