Posts Tagged forex
For those who follow the blog and wondering where I have been over the past few days.. the company I work for sent me overseas for a few days for some work! However, I was still able to trade the GBPUSD currency pair using todays modern technology. I couldn't do every day as I was travelling quite a bit and there were some periods where I didn't have an internet connection.
However, I thought I'd just write about my thoughts about my trading on my business trip.
Ok, I took my laptop and
May 14, 2010
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Friday was a day when the UK elections and the Greek crisis caused huge movements in the markets... not only were the currency markets affected but worldwide stock markets. The system would have yield results today but I didn't trade! The channel was already about 300 points wide (top of channel 14914, bottom of channel 14597)... massive.. almost 10x our average size.. not something which I felt comfortable with.
The break towards the downside happened around 10 ish however and it dropped ano
May 7, 2010
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I have been rather busy lately and didn't get a chance to update the blog.. however, I did trade. The set up was the same as usualy, top range 15136 and the bottom range 15098. The market fell through the bottom range and hit the 30 pip target! Nice!
+30 pips up!
However, it's now the third or fourth time now that I've seen where 60 pips could have been grabbed!
May 6, 2010
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