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DDFX Forex Trading System Results – 5th to 9th September 2011

DDFX Forex Trading System Results - 5th to 9th September 2011

To learn more about the DDFX Forex Trading system click here I'm behind in my updates on the DDFX Forex Trading system due to some family issues to deal with.. however,  I have been trading the signals as they come along. It does take a bit of work to put everything together so I hope you understand. I'll write up each week in 1 post to keep the format the same. Ok, the week of the 5th to 9th September, I traded the GBPUSD and EURUSD forex pair. First up, the GBPUSD pair. The first en

September 25, 2011 No Comments Full Story

Drawndowns and Pain – What to do when positions go against you

Drawndowns and Pain - What to do when positions go against you

Today I entered short on Gold after seeing a breakdown in the price action. My stop was in the correct place but what I hadn't anticipated was how much money I could have lost when I placed the trade. I only realised what I had done after I had placed the order and it got triggered. I usually can deal with a 100 point (or pip) loss which amounts to around 2% of my capital. However, I had gone in at the same stake size as my normal trades but my stop was also the equivalent of 250 pips away wh

September 16, 2011 No Comments Full Story

Caught on a Fakeout – Trading the Currency Markets

Caught on a Fakeout - Trading the Currency Markets

I entered long the GBPAUD currency the other evening. I had placed my order 10 pips from the previous high and was expecting quite a big move towards the upside. When my entry came, it went a few pips up and then went down. I had my stop below the last trend reversal pattern. Over the next couple of days, not much happened.. it remained in the range and I thought that since the price action preceding this was up, there was more chance of it moving north. When markets are stuck in a range, my vi

September 14, 2011 1 Comment Full Story

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