Archive for the Forex trading Category
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
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One of the reasons why I post my entries and exits is because it doubles up as my trading log of what I'm doing. I can learn from my mistakes (hopefully) and this should in the long term make me a better trader.
Today I got some good entries but I didn't follow my gameplan which would have left me still in the trades. This was for both the below trades GBPUSD and GBPJPY.
I had entered both short. The GBPUSD I entered on Friday morning and I didn't feel completely confortable with it as Fri
July 18, 2011
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I mentioned that I would follow the DDFX trading system which works as an Expert Advisor in the Metatrader 4 trading platforms and provide a review on it as it is tested. On Friday there was a short entry with the arrows lining up and also 3 red trend bars (the last one is a sentiment bar and doesn't need to be taken).
Let's see how this pans out. I'll be taking the trades as I see them and keeping you updated.
July 17, 2011
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