Posts Tagged forex blog
First of all, Happy New Year to you all! I wish you the very best in your trading for 2014 and beyond! The blog is now almost 7 years old.. can you believe it? Well, my trading has evolved leaps and bounds over the years and I think it's a thoroughly worthwhile pursuit despite the many years of frustration and losses at the start.
These days, I find that it difficult to always update the blog as I'm trading pretty much the same consistent way and although there is always learning to be had,
January 13, 2014
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So when the markets opened last night, I saw that there was a bullish pin bar. It was very apparently and had a very long tail which signifies strong buying. I tend to trade with the trend using the moving average line to ensure that I only go long when the price action is above the line and short when the price action below. However, when you get such a strong signal I couldn't just leave it.
So I was rewarded this morning it started going up... my initial trade was long at 10354 with
November 19, 2012
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I was reading an article the other day which said that the markets these days are harder than they use to be to make a profit.. 10 - 20 years ago, you could just buy/sell and hang on.. the markets would generally trickle one direction. In this day and age, the market volatility is extremely high and it's not easy to enter the markets and make money.
I don't know how true this is but certainly, the markets know exactly where to hit you and take you out. I have always thought that a stop shou
September 20, 2012
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