Archive for the Forex trading Category

USDCAD – trigger happy

USDCAD - trigger happy

I sold and it shot up... I was impatient and wanted some trading action and lost 20 pips! Have to be more careful...

February 11, 2009 No Comments Full Story

GBPJPY – trade

GBPJPY - trade

I went short on the GBPJPY forex pair today at 136.75 and too profit at 136.25 for a 50 pip profit. It was looking good for a short as it had once again bounced off a top pattern at around 136.90...  I had intended on just keeping the trade running and gradually move the stoploss down as the price action was moving my way but when it started to look a bit funny in the charts and also as there was some resistance previously at 136.25 area, I thought it would be safer to take my profits!

February 9, 2009 No Comments Full Story

More Clickbank Checks (or Cheques)

More Clickbank Checks (or Cheques)

I have received two more Clickbank cheques since I've been selling the electronic products on their website: The thing with Clickbank is that it is rather annoying for me to receive the cheques as they come from the US when I am based in the UK. The UK bank accounts also take an administration fee for processing a non British pound cheque... this means I lose a little... also, there are the currency movements.. the pound is quite weak currently and I am getting a good rate.. that has

February 3, 2009 No Comments Full Story

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