Posts Tagged forex
As I mentioned yesterday, I went long the other day EURCAD. I want to swing trade and hold out for more amount of pips rather try and scalp for 10 - 20 pips.. I am going to try and enter off the daily charts but using the shorter timeframes to time a better entry.
With the EURCAD, I am using stochastics and MACD as an indicator. In the daily charts, the stochastics are moving up from the 20 mark and the MACD haven't yet crossed but they are looking to do so. Looking at the 4 hour charts, the
January 1, 2008
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I was browsing through the internet and found out that Rich at the Forex Project was having a Forex competition.. this looked like some fun so I thought I would join and give it a go.
Though I don't usually trade the Forex markets as much as I should, trading is trading and I'm hoping to build some long term links with people with some similar interests. I've not made it in my trading career (yet!) so it's important to find like minded people to share and express ideas.. if you grow together
December 28, 2007
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I hope everyone is well, it's Boxing day in the UK and I've some time since everyone is out right now. I thought I'd take the time to reflect on the blog and trading in 2007 (even though I started the blog around July/Aug time so it hasn't been a complete year).
Firstly, for those that have noticed, I have a new logo and banner.. it just makes the blog look a bit more tidy and professional. I have also removed the Poll and replaced it with a Shoutbox (which is essentially a live chat program
December 26, 2007
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