Archive for September, 2011
To learn more about the DDFX Forex Trading system click here
There was no entry until Thursday. The market had continued to move lower from last week. If I had traded the last signal on Friday the week before, I would have made some serious pips. Anyway, I finally got the long entry and although it did fly for a while, it was only for a while and I had moved my stop to breakeven which is where it settle. That was my only trade for the week and made no pips.. no any losses!
There was a
September 26, 2011
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To learn more about the DDFX Forex Trading system click here
I'm behind in my updates on the DDFX Forex Trading system due to some family issues to deal with.. however, I have been trading the signals as they come along. It does take a bit of work to put everything together so I hope you understand. I'll write up each week in 1 post to keep the format the same.
Ok, the week of the 5th to 9th September, I traded the GBPUSD and EURUSD forex pair. First up, the GBPUSD pair.
The first en
September 25, 2011
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Today I entered short on Gold after seeing a breakdown in the price action. My stop was in the correct place but what I hadn't anticipated was how much money I could have lost when I placed the trade.
I only realised what I had done after I had placed the order and it got triggered. I usually can deal with a 100 point (or pip) loss which amounts to around 2% of my capital. However, I had gone in at the same stake size as my normal trades but my stop was also the equivalent of 250 pips away wh
September 16, 2011
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