Updates Tuesday

This week surely a very different week than the last. I could not use the same method as of last week to capture the movements of LL and HH. Thus i could not gain profit as per what was plan earlier. Never the less it shows me that there are lots of things to learn of course. Can`t expect myself to be successful simply by using this method as the market is not predictable as mentioned by all. But in this 2 weeks, i did notices few things that probably can be used. 1. Identifying the opening price in the morning a 0800am. 2. Set Buy/Sell stop 10 pips above/below the opening price at 10/20/30 pips. 3. Set Buy/Sell Limit 20 pips above/below the opening price at 10 pips. 4. Set Buy/Sell Limit 50 pips above/below the opening price at 30 pips. 5. Set Buy/Sell stop 70 pips above/below the opening price at 50 pips. Usually the point 2-3 would occur between 8am-12noon. The point 4-5 would occur between 4-8pm. Will see how it goes as this will start as at 0.01.