USDCHF long Forex trade
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.
Posts Tagged currency
Two losing Forex trades – not a good start
I was eager to get back into trading today.... can you see where I went wrong? Yep, the eager bit isn't a good bit when it comes to trading.. it's so easy to pull the trigger when trading but when nothing is there, you're just gambling which is what happened today.. I did really badly... The first trade, long at 126.96 thinking that the market was going to be heading higher.. I bought it right when it peaked and it plummetted.. my stop was at 126.56 for -40 pips. [caption id="attachmen
AUDUSD trade…
A successful Forex trade.. I made 45 points on this.. as per my previous post, I mentioned that I was at the gym.. I would have managed to get out a bit earlier when it spiked up.. probably would have got out at around 0.6385 for a further 20 points.. oh well, never mind.
