Posts Tagged Forex trading

AUDCAD – another winning trade

AUDCAD - another winning trade

I got at the right time today.. got back home and saw a short entry staring at me in the face, I entered at 8030 and I had a target of 7970. I was spreadbetting with this and the spreads are quite large with this forex pair so I actually closed it at about 7980... still a 50 pip ride is great!

November 3, 2008 No Comments Full Story

GBPJPY short term short – scalp

GBPJPY short term short - scalp

I saw a shorting opportunity today when the GBPJPY had fallen and rebounded... I shorted on the rebound and it fell 70 points... hoorah! I got in at 158.66 and got out at 157.96.. all in a matter of 15 minutes or so. I don't want to speak to soon but lately my trading has been going quite well, I am far more picky with my trades and very careful when putting them on. The initial trade was with a 50 point stop and 100 point target.. however, in the market you need to be flexible where you c

October 29, 2008 No Comments Full Story

The right thing to do.. USD/JPY

The right thing to do.. USD/JPY

It seems like I did the right thing when I close my trade previously.. the market has dropped like a stone.. it's a shame I didn't enter the short as it would have been a nice trade!

October 27, 2008 No Comments Full Story

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