I made two trades the other day which worked nicely. I placed these trades on the 2nd September around 22.00 GMT. I went long EUR/AUD at 17353 with a 100 point limit and a 50 point stop. I also went short AUD/USD at 8366 with a 100 point limit and 50 point stop. I woke up the following day, both targets hitting their limits and making me 200 points!! Hoorah!
I made a series of trades with the new Forex system that I am trading... The red and blue arrows on the charts are the automatic alerts which signal a long or short entry. I don't enter all of them due to my timing (it really depends what is forming and if I am about to actually take the trades). Anyway, first off is NZD/USD: Then, USD/JPY And then GBP/JPY And finally, GBP/USD So, in total I did quite well with +114 profit.
My trading of late hasn't been very good and I've lost focus hence the lack in the number of emails.. anyway, I spent time away to think through and go back to the basics. Trading the DOW is definately a way to lose money.. the DOW is just a basket of 30 stocks and is easily manipulated... quite frequently when you see a move beyond a level, you expect it to move beyond but no, more often than not, the market will just reverse and do the opposite.. the big boys are obviously aware of the smal
