Archive for the Forex trader Category
If only trades were like this every week. We had a short entry at the start of the week and it just ran and ran for 322 pips. I have found that the yellow line is better to get out of trades rather than looking at the price bar colours and the trend indicators. After a great trade with this, I took the rest of the week off and didn't trade any more of the signals (which would have yield a few more pips).
I also traded the EURJPY this week but this was rather choppy in comparison to the
August 22, 2011
No Comments Full Story
I realised that although I had taken screenshots of the DDFX charts over the past couple of weeks, I hadn't posted them all up on the blog. So here are a couple of annotated charts taken using the DDFX system:
EURJPY - 22nd to 28th July
You can see where I was uncomfortable with taking the short signal. I didn't like how the sell arrows were staggered and by the time I got all 3 arrows, the market had already moved somewhat too far already. Shortly afterwards, I get a 'buy' signal... thoug
August 8, 2011
No Comments Full Story
Hi All,
I can confirm that the DDFX trading system has not yet repainted which I am happy about.
Well, I traded EURJPY as it gave a long signal but overnight, there was a horrid dropped which took out my stop and almost immediately resume the upward trend. I took a 40 pip loss which isn't nice. The stop is at just below the signal bar which is where I entered. It's a bit unfortunate as the market is clearly moving upwards and sometimes freak movements like this do happen. I don't blame the D
July 19, 2011
No Comments Full Story
« Older Entries
Newer Entries »
