Posts Tagged foreign exchange trading
I had a couple of decent entries today which was a short of the AUD/JPY at 5889 and a subsequent close at 5843 where I thought it may bounce as it was a short term support line.. it was a nice 45 points but then the market fell further to almost 5722 meaning that I missed out on over 120 points!
I also shorted the GBPJPY forex pair at 14127 and got out at 14065 for +62 but once again, the market continued to fall reaching 13900 which meant an opportunistic loss of 165 pips!!
So ann
November 20, 2008
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Last night I left you with the result of my trade where the market had moved to about 100 points in my favour but I decided to leave it to run a trend to find that it had got to 20 points from my stop....
Well, last night, I couldn't sleep properly thinking about the trade... my stop never hit but it was so close... soon afterwards, the market dropped (after I woke up to watch it) and I manually closed at 158.29. Perhaps I am never destined to be rich but still, my trade was a good one which
November 5, 2008
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I just closed out a couple of trades for a +37 and +49 profit... I have already broken the rule from my previous email which says that I should run with winners and close out losers. I have closed out my winners here but at least, it was in profit.
October 15, 2008
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