Posts Tagged Forex trading
![Trading and the Non Farm Payroll Economic News]()
Today at 1.30pm GMT time the Non Farm Payroll economic news hits the markets and usually you would expect some volatility in these markets. Big ticket news items like this can completely mess up your trading system so it's best to avoid it. I didn't trade today but if I had done.. I would have lost.
Although there was movement it was choppy and was just moving up and down with no clear direction....
(You can see some movement when the new release is announced)
There are some people
July 2, 2010
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![GBPUSD trading system today]()
I was a little bit disappointed with how the 4-to-7 GBPUSD system worked today... my short was around 14727 and it didn't really go anywhere.. it just went and hit my stop exactly before it reversed and it would have made 30 pips.
The long trade did activate and get my 30 pips but I still ended up 20 pips down.
June 22, 2010
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![Get your 80 Forex lessons for FREE here!]()
A friend of mine sent me this, I hope it's not copyright but if it is, please let me know so that I can remove it. It is a file with 80 lessons in Forex trading.
There are a bunch of really useful lessons especially for someone new to the Forex markets. A good trader always keeps his mind open so even for the seasoned trader, there maybe something useful for you.
Click the link below to download:
http://depositfiles.com/files/d7lvxrog4
(Sorry there is an annoying timer until you
June 17, 2010
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