Posts Tagged Forex trading
Happy New Year!
Well, it's back to trading and I've spent quite a bit of time over the Xmas period looking over the blog and what I've been in 2011. I've reviewed my trades (that's the great thing about having the blog - it also serves as my own trading journal) and asked myself what I liked about my trading and what I didn't and how can I improve going into 2012.
A lot of us getting into trading we buy or seek other trading strategies and most of the time find that they don't work for us.
January 4, 2012
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Today was another one of those days where the market didn't want to play. As a frequent visitor to the markets, this kind of thing happens all the time.. there is no such thing as a sure trade as the markets can do absolutely anything.
Anyway, here was my trade today, I took the long trade as the price of USDCAD bounced off the moving average. Price action looked strong and I was looking to take this up to 10400 and a relatively tight stop. Looked like a great trade...
Unfortunately, t
December 19, 2011
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The nonfarm payroll or NFP is an economic news item which comes out once a month in the US and details the number of jobs added or lost in the economy over the month. This is always a big event and in most cases, massive movements in all markets are seen when it is released.
You can read more about the nonfarm payroll through the Wikipedia entry here: http://en.wikipedia.org/wiki/Nonfarm_payrolls
I'm going talk about trading the nonfarm payrolls.... don't do it! In my experience I've found t
December 2, 2011
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