Archive for the Trading Category
Another profitable day in the markets. The health of the stock markets tend to reflect the GBPUSD, EURUSD and FTSE100 and I had a long trade in all of these instruments this morning.
The first trade was the FTSE100 index long at 5773. I had a 20 point stop with an initial 60 point target. However, waiting for the market to move was fruitless. It didn't move much during the European open and even when the US markets opened up, nothing much happened so I closed for 13 points.
The second
June 13, 2011
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Today was a good day for me on the markets even though I started off with a loss..
I was look for a short entry below the support line 16405 and the first time it did this it didn't stay below this line for long.. bouncing up and hitting my stop for a 20 pip loss. The second time however, it did continue to fall and it reached my 40 pip target. Total for GBPUSD was 20 pips.
My third trade today was a long FTSE100 trade at 8am. I had my stop 20 pips away which got so close to hitting bu
June 9, 2011
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Last night I posted on my Twitter account:
And this morning I was happy to find that the AUDJPY Forex pair did tank and my target was hit for 100 pips. You can see on the chart when I had posted my Tweet and then the subsequent fall a few hours later to net me 100 pips. I had entered this trade a few days before and it was lingering and not doing much for a few days until last night!
* The asterisk is just a note on the title of the post and was in part jest. To be honest wit
June 8, 2011
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