Posts Tagged eurchf
Yesterday I complained about the AUDNZD trade shooting through the roof after I had closed my trade. I said that I would enter new trades with a 50 pip trailing stop loss on my Forex trading.
Well, last night, I found two more potential candidates in the Forex markets... the EUR/CHF and the EUR/JPY. Both charts had the stochastics cross and the change in the trend moving average indicator.
The EURCHF had previously cross the day before and I had traded this signal to find that I had got
June 5, 2008
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After missing the ride on the previous EURCHF signals, I thought I would be disciplined and trade the signal properly this time.. not close out early to take a profit or loss but actually ride it all the way.
Ok, I see the blue signal in the moving average trend indicator and also, stochastics cross.. a long entry!!
Hoorah, I get in at 16121 after an initial pullback and wait! Unfortunately, it starts to move down almost immediately and I have my 50 pip stop loss in place. Unfortunately, i
June 4, 2008
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Remember the trade I put on at the end of last week, a short of the EURCHF where I took 40 points? For those that missed it, it is here http://www.makemesomemoney.co.uk/2008/05/30/another-eurchf-trade/
Well, I looked at it today to see what it could have been and this is what the chart looks like:
Blimey, I missed out on some serious number of pips... about 150 or so!!!
June 2, 2008
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