Posts Tagged currency trading

Bagged my 50 pips on EURUSD

Bagged my 50 pips on EURUSD

So yesterday, I had saw that the market was moving higher and just shot up aggressively. When markets move up strongly, I personally feel it's too late to join the rally and I would wait for a pullback where I would enter my trade before, hopefully, prices headed higher. So this is what I saw yesterday which prompted my long entry at 12736 I saw the price action had move up and hit resistance at 12800 before falling away, this was the pullback before a potential move higher. I then wai

January 18, 2012 1 Comment Full Story

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

Stopped out trading the USDCAD

Stopped out trading the USDCAD

Today was another one of those days where the market didn't want to play. As a frequent visitor to the markets, this kind of thing happens all the time.. there is no such thing as a sure trade as the markets can do absolutely anything. Anyway, here was my trade today, I took the long trade as the price of USDCAD bounced off the moving average. Price action looked strong and I was looking to take this up to 10400 and a relatively tight stop. Looked like a great trade... Unfortunately, t

December 19, 2011 2 Comments Full Story

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