Posts Tagged Forex trading
This is becoming unbelievable.. I traded both the S&P and GBPJPY today and both were winners.. this makes my total to 11 winning trades in a row. Considering the spreadbet company takes a spread either side of this trade, I'm doing remarkably well. I don't feel as though I've become a super trader but I do accept the maximum loss that I expect per trade. I put on the trade, set the stop loss and mentally accept the maximum loss. This makes me feel less nervous should it go against me.. I kno
May 14, 2009
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Yes believe it or not... I have a 10 straight win success rate so far with my trading. I just closed my GBPJPY trade for 35 points. It could lower from here (and probably will) but I have taken my profits.
I went short at 14863 and got out at 14828. The reason why I took profits was that I expected a greater breakdown of the price action below 14832 which was the previous intraday bottom.. it sell below this and just stalled. Usually, a break above the previous low would mean a very quick fal
May 7, 2009
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I'm trying to be very careful with trades lately, only picking those ripe for picking and I picked off two more successful ones today!
Both were GBP pairs, the GBPUSD and GBPJPY and both were winners, hence sterling by both counts.
The EUR pairs however were extremely weak and they were ideally the ones to have traded at the same time but the volatility freaked me out and I was playing cautious.
Anyway, here are my charts showing my entries and exits..
April 27, 2009
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