Posts Tagged forex
Well, the US market is closed today and I'm still on the live account.. phew! As there's not much trading, I thought I'd spend some time doing research. As you know, I also look at Forex and I found a forum with a whole heap of free trading systems:
http://forexfactory.com/forumdisplay.php?f=71
In addition, a lot of people use the Metatrader platform which is great in that you can add what are called Expert Advisors which are essentially automated trading systems.. they open and clos
January 21, 2008
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Today I came into the market nervous. I had emailed my trading mentor to discuss my trading and my recent losses. He said that in usual cases, it's a case of 3 losses and then you get relegated/demoted/beaten up or whatever you want to call it. I've already had 3 losing days and he gave me an extra lifeline.. I had to make it today else all the above, which, of course, put on the extra pressure.
Anyway, from the chart you can see another set of arrows.. these blue arrows are the trades whichÂ
January 17, 2008
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Another losing day... I am starting to get quite frustrated. Relegation back to simulator is very close.
I made two trades, shorted when it went fell through a support level at around 138000 but it shot straight back up to take out my loss.
Then I went short again at 138100... this wasn't particularly good and really had no basis but I got desperate. Anyway, got stopped out again.
Loss of -18.... sigh!!!
January 16, 2008
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