Posts Tagged forex
Today the markets moved exactly to cut out both my long and short trade with such efficiency, it makes you wonder if they were waiting for you!
Anyway, the two trade areas were 14395 and 14351. The long came first and practically immediately reverse at 144400.. I did think that this is a whole number and these are usually areas of resistance or support. The market reversed enough to hit my stop which was also my entry for the short... it went 20 pips and then reversed and took out the long.
May 26, 2010
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Quite a standard day today.. the market just went one day... down!!
The trade lines were at 14375 and 14327 and the short was triggered about 730 GMT. It didn't take long for the profits to be bagged.. the low point was 14258 so more points could have been captured.
May 25, 2010
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Hi all,
As I mentioned in my previous post, I had been away on business for a week but able to trade. However, what I wasn't able to do was to login into my blog and update the post entries as I had left the passwords at home. I also didn't have access to the graphics package on my laptop which I used to annotate the graphics.
I also didn't trade on all the days due to various situations but ended up 90 points up for the week which was great. What I have done is to write the upper and lowe
May 15, 2010
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