Archive for the Spreadbetting Category
The chart is a 5 minute chart of the GBPUSD. I had woken up later today than usual to see that the market had moved. The two horizontal lines show where the long and short entry should have been but as I was late and saw that the market had already moved 25 points away and that I was feeling that I missed out on the short.. I entered a short manually... whilst it did move 30 pips in my direction which would have usually been bagged.. for some reason, my brain wanted more (I had a target of 100
April 16, 2010
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This was my trade today.. two long entries at 1.5433 with a target of 1.5463 and 1.5493 with a stop at 1.5397. The annoying thing is that this was hit and I ended up down 2 x 30 pips loss.
You can see that the market then went up and would have hit target 1 and just shy of target 2.
Most annoying but there you go....
April 14, 2010
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My morning trading system which I am using lately has been working pretty well... the more you commit to it, the more confidence you have in it.. however, it is important to stick to the system to ensure that you are indeed trading the system.. otherwise, you're not trading the system that you think you are... hmm, sounds a bit philosophical!
Anyway, I thought I'd stick to the system and try something new today... I would open two trades at the same entry. The first would target 30 pips and t
April 12, 2010
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