Posts Tagged forex
As per my previous post, I mentioned that I've been playing around with Bet On Markets and have now made my tenth trade and it was another winner.. that's 10 out of 10 winning trades.
The great thing about Bet On Markets and generally this type of betting is that you can choose the risk that you take. All my trades are low risk trades, risking little but with a high probability. This means that my returns on each stake aren't great but at least they are consistent. This generally is good for
June 25, 2011
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For those who read yesterdays post where I had missed out on a nice 55 pip profit on the EURUSD as my system had not identified the exit went to hit the stop target which meant a 28 pip loss overall is rather annoying. This actually means that your account, if you take a nominal starting account of 100 for example, was 155 if I had closed when I thought I should have closed to 72 after the stop was hit. You can see that this means that in fact, I lost an overall of 55 + 28 = 83 pips which is a l
June 15, 2011
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Well, it had to happen I suppose... I don't know anyone who goes and has a winning day every day....
I had closed two trades today with a loss.. firstly a short of the USDJPY Forex pair.. it looked as though it was breaking down and I had actually entered short yesterday around 4pm. The market dwindled for a few hours in the early hours of the morning before it started it's rise and hit my stop at 8040 for a 25 point loss.
My next trade was a little bit disappointing on my part.. I h
June 14, 2011
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