Posts Tagged forex
I wasn't quite in the trading mood today, felt rather tired but I went long EURUSD anyway. I was lucky as it shot up 5 mins or so after my entry... I got in at 12532 and got out at 12619 for +87 pips. However, I got out a bit too early as the market continued to shoot up and I am currently seeing prices of 12711.. I have left profits on the table, in fact, 90 odd points I've missed out on... I only have got out half of what I could have taken! Nevermind, a profit is a profi.. especially consider
November 13, 2008
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I have been quite careful of late and this has benefitted my trades.. I have found that the best trades are those which are 'boring'. When I say boring I mean that they do not give me the excitement which I experienced before... I just put them on and wait patiently. Sometimes I am not patient and end up closing them too early.
Anyway, one of the terms I have heard before is 'bottom pickers get smelly fingers' referring to those who try and time bottom of markets and this also corresponds to
November 11, 2008
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Last night I put on a short at 1.4983.. it was a lovely trade and one which I just closed at 1.4877 for +106 pips.
November 11, 2008
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