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Positive start to New Year 2012 – Trading EURUSD

Positive start to New Year 2012 - Trading EURUSD

Happy New Year! Well, it's back to trading and I've spent quite a bit of time over the Xmas period looking over the blog and what I've been in 2011. I've reviewed my trades (that's the great thing about having the blog - it also serves as my own trading journal) and asked myself what I liked about my trading and what I didn't and how can I improve going into 2012. A lot of us getting into trading we buy or seek other trading strategies and most of the time find that they don't work for us.

January 4, 2012 3 Comments Full Story

Happy New Year everyone and a Time for Reflection

Hi everyone, I just wanted to send you all a New Year message. I hope 2011 was a good one for you both personally and professionally. For myself, it's been quite pivotal both in direction and where I am in my life. Firstly, I decided to quit my full time job which I had been doing for many years and concentrate on the trading. The blog and trading certainly in the first few years was a small side hobby where I would fit in around my busy job. I would read the odd book, put on trades where I c

December 31, 2011 No Comments Full Story

Trading Silver during the Xmas Holiday period

Trading Silver during the Xmas Holiday period

I don't usually like to trade during the holiday period but I saw a nice set up today and with it being quiet, I thought to myself, what the heck.... I was looking at the silver 1 hour chart and as you can see, there's a nice downtrend in the 1 hour charts. Where I had entered too, the price had hit and bounced off the downtrend line and had also formed a double top. Traders call this confluence, when you get two or more confirmations in the technicals as I do here. I entered at 29.05 and my

December 27, 2011 No Comments Full Story

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