Remember the trade I put on at the end of last week, a short of the EURCHF where I took 40 points? For those that missed it, it is here http://www.makemesomemoney.co.uk/2008/05/30/another-eurchf-trade/ Well, I looked at it today to see what it could have been and this is what the chart looks like: Blimey, I missed out on some serious number of pips... about 150 or so!!!
A few days later after my long trade with EURCHF which should have yielded a nice 180 pips (of which I took none... see previous post for reasons).. another trigger was initiated but this time on the short side. The stochastics crossed and the trend line indicated short. I went short at 1.6275 with a 50 point stop and a 50 point target. The market fell sharply and I took my profit at 1.6235 for 40 points! I am still unable to ride the trends.. I was thinking it being Friday and the market b
This morning there was another trade I put on... this was a long at 1.2183 with AUDNZD with a top loss at 1.2120 and a price target of 1.2270 with the Forex Smart entry system (a stochastics crossover 12,12,5 and colour change moving average line). He recommends the EURCHF only however but this matched up quite nicely. The market moved nicely in my direction and I have already closed out at 1.2224. I need to keep to the system as I'll never make it as a successful trader if I keep closing ea
