Posts Tagged eurusd
So for those reading, I've marked my trades 1 to 4 showing the order of my trades. Trade 1 of today was a long of the EURUSD as shown below:
I had a 20 point stop on this and it went nowhere... just dragged and then plummetted knocking me out for -20
Then onto the GBPUSD trades where I made 3 trades today:
Trade 2 was long GBPUSD (by the way green arrows are long entries and red arrows are short entries) mirrored the EURUSD in trade 1.. once again, nothing and it just tanked t
April 1, 2011
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Today I was in a conference call, desperately trying to get out and look at the market before 9am but alas, it was not meant to be and I missed my entries and had to let them go by...
I look again later on in the day to see how they would have gone and it was good that I missed my trading entry.. well, at least for GBPUSD anyway:
The entry would have been right at the top of days range, literally to the pip and then tanked, I would have lost 20 pips!
The EURUSD would have faired bet
March 31, 2011
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A few trades this morning..
Firstly a long as you can see from the chart above, I had a trailing 10 pip stop loss.. unfortunately, the trade went bad before it could go anywhere and I was hit with my full 20 pip loss.
Two trades on the GBPUSD, firstly a long at 16018 with a trailing 10 pip stop and my 20 pip stop. The market was rather chopping and did head up to move my stop up 10 pips but it wasn't enough.. it eventually fell and I got stung with a 10 pip loss.
As the market f
March 29, 2011
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