Archive for April 30th, 2009

Trading the Forex markets and being nervous!

Trading the Forex markets and being nervous!

I have had 8 winning trades in a row and I'm starting to get a little nervous. Generally I know that I am about 60% correct so a loss is due at some stage.... each time I am trading I am aware of this and this makes me a little nervous. Anyway, I went long the GBPJPY at 14581 when it breached the downward trend (as indicated in the chart below). My stop was at 14545 and my first target was 14620. The market shot up and I got nervous... it shot up too quickly and with a surge like this, I expe

April 30, 2009 No Comments Full Story