CPO 10th Sep 2009

As yesterday,
overnight position took profit, profit 67 points/lots
intraday, short @2200, profit 2190, profit 10 point/lots
short @2201, long @2180, profit 21 point/lot
total profit 98 point/ lot
holding long @2178

Results.
1 safe, 2 con,10 losses, 11 win.
Average +308points/lot.

outlook,
rebound wave C should be complete today or tmr
aiming 2285 or 2320. however, still cautious.

strategy,
long on intraday,
if CPO >2183, long, cut loss at 2165.
if CPO >2204, long, cut loss at previous 2 bar 5 min low - 5 points
if CPO < 2155, cut loss long position, wait and see