Posts Tagged Forex trading

Lack of Updates – Now Back to Trading – First up EURCHF

Lack of Updates - Now Back to Trading - First up EURCHF

Hi all, Firstly I apologise for the lack of updates to the site, I'm still very much alive but have been away for a long holiday and now back! Well, I have been watching the markets since I've been away but there has been very poor internet connection which meant that it's not been possible to look at the short term markets as much as I would have liked to. I have been doing a lot of research also and been looking at playing daily and weekly breakouts. An example of a trade which I p

October 26, 2011 1 Comment Full Story

Making your Stop is in the Right place – Forex Trading

Making your Stop is in the Right place - Forex Trading

When I trade, I always ensure that I put a stop in for every order.. this is usually 50 pips or points and acts as an emergency stop should anything drastic happen with the markets or if my internet connection dies.. I know my maximum possible loss. However, it is important to ensure that a stop is place in the right place otherwise you'll be hammered by the stop hunters as they seek to take you out. My trade today on the GBPUSD was as below.. I saw a triple stop in the 15minute timeframe

September 7, 2011 No Comments Full Story

DDFX Trading System – 15th to 19th August – First Losing Week

DDFX Trading System - 15th to 19th August - First Losing Week

So finally we have a losing week on the DDFX trading system, we've had a spectacular run so I do hope this this is a one off and not the start of a spiral trend which seems to be what happens to a lot of trading systems. The GBPUSD long at the beginning of the week was a nice trade… a winner and what I expected (probably getting a bit too confident here).. A mere 31 pips which isn’t huge compared with the trades I’ve been getting with the system previously but nonetheless, a good start.

August 25, 2011 No Comments Full Story

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