Archive for the Trading Category

DDFX – EURUSD – Two more trades taken

DDFX - EURUSD - Two more trades taken

There seems to be a trade every couple of days so far with the DDFX system and I took two more over the last couple of days with the EURUSD pair. I got stopped out for my last trade on EURJPY for a 40 pip loss and thought perhaps EURJPY was not a good pair to trade using DDFX, time will tell. Anyway, there was the entry on the 18th where I went long after seeing two arrows and the trene bars were all pointing towards a move higher so I entered. However, I got stopped out for a 34 pop loss

July 21, 2011 1 Comment Full Story

DDFX – EURJPY – 18th July 2011 – Stopped out

DDFX - EURJPY - 18th July 2011 - Stopped out

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

DOW crashes through previous lows.. it’s going down!

DOW crashes through previous lows..  it's going down!

We've seen the DOW propped by up support around 12400 for all of last week and when it broke today I had a short at 12360 which was trigger. It was looking well and at one point I was already 60 points up. Now the markets always seems to find support at big numbers so at 12300 it bounced. I expected this but with a nice clean break to the downside, I didn't think it would bounce that high. I had an initial 80 point stop which I moved down to entry when the market hit 12300 but then hit exactl

July 18, 2011 No Comments Full Story

« Older Entries   Newer Entries »