Posts Tagged 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
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
I don't usually trade off the 5 minute charts but sometimes you fancy doing some scalping when you're at a loose end. Most of my trading focuses on the 1 hour or the daily charts.. with these, you don't need to be at the screen so much and I've found that you don't worry so much about the 'noise' in the market.
Anyway, here is a trade which I took from the 5 minute charts for a paltry 6 pips (I got out as the price action looked as though it wanted to go up and also the stochastics were indic
November 28, 2011
No Comments Full Story
« Older Entries
Newer Entries »
