Posts Tagged currency trader
I put on the same trade this morning, shorted the breakout which was the same trade that I'd put on the last two days. The last two days I had got stopped out on both occasions only to find that the trades would have been successful.
Anyway, today, it went right... I had targetted 60 pips but when the market bounced around this level (and didn't hit my limit price).. I got a little edgy and took the price on the bounc at 15165 for 45 pips. However, just a few minutes later, the market breache
April 8, 2010
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I'm trying to be very careful with trades lately, only picking those ripe for picking and I picked off two more successful ones today!
Both were GBP pairs, the GBPUSD and GBPJPY and both were winners, hence sterling by both counts.
The EUR pairs however were extremely weak and they were ideally the ones to have traded at the same time but the volatility freaked me out and I was playing cautious.
Anyway, here are my charts showing my entries and exits..
April 27, 2009
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I went long the USDCHF at 1.1370 thinking it would bounce up from it's current consolidation zone. I had a stop at 1.1335 but the market didn't feel right so I closed early for a 20 pip loss.
April 6, 2009
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