Posts Tagged forex blog

Two losing Forex trades – not a good start

Two losing Forex trades - not a good start

I was eager to get back into trading today....  can you see where I went wrong? Yep, the eager bit isn't a good bit when it comes to trading.. it's so easy to pull the trigger when trading but when nothing is there, you're just gambling which is what happened today.. I did really badly... The first trade, long at 126.96 thinking that the market was going to be heading higher..  I bought it right when it peaked and it plummetted.. my stop was at 126.56 for -40 pips. [caption id="attachmen

February 2, 2009 No Comments Full Story

Holiday in India

Hi all, Sorry for the lack of updates.. I've been on holiday for the past 2 and a bit weeks... I'm back now, refocused and ready to go again! So far so good (except that I made a couple of losing Forex trades today which I'll post later).... I received some more cheques from Clickbank and got some other payments.. all in all quite good! Just a short message for the readers.. more soon!

February 2, 2009 No Comments Full Story

GBPJPY – Forex trading… almost got stopped out but ended up a winner!

GBPJPY - Forex trading... almost got stopped out but ended up a winner!

I shorted the GBPJPY at my entry point as I thought it was heading lower as it broke below 13660 and I promptly pressed the sell button at this level. My stop was 13695 and as soon as my trade went through, the market went up... I knew that it had to clear the upper resistance but it kept bouncing up at this level which made me feel that I may have been wrong with my trade.. however, I kept a close eye at the level and then, it suddenly plummetted! However, I wasn't sure how far this would fall

December 4, 2008 No Comments Full Story

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