Posts Tagged pips

Back to it, trading the GBPUSD

Back to it, trading the GBPUSD

I still haven't updated the charts from last week so I'll need to do that still... however, I was excited about trading since the testing has shown the systems seems to be profitable over the long term. You can never be 100% sure of any trade so long as you win more than you lose. Anyway, I have decided that it looks more profitable to put in an order for either direction. I am not doing the OCO (One Cancels Other) trade anymore.. I will buy if the market goes above the upper line and sell if

May 24, 2010 No Comments Full Story

Week of 17th May 2010 – GBPUSD forex trading

Week of 17th May 2010 - GBPUSD forex trading

Well, as I mentioned, I spent the whole week from 17th May on a business trip. I had looked at the charts every day and wondered how the system would have worked if I had traded it. Here are the charts! 17th May I just flew into Africa in the morning. However, a long would have been triggered and 30 pips would have been in the bag 18th May It wasn’t easy to put on the trade today.. I was in a conference and had to fire up my email and put in the order. I had put in an order to

May 22, 2010 No Comments Full Story

Week on the road and Trading – How it turned out

Week on the road and Trading - How it turned out

Hi all, As I mentioned in my previous post, I had been away on business for a week but able to trade. However, what I wasn't able to do was to login into my blog and update the post entries as I had left the passwords at home. I also didn't have access to the graphics package on my laptop which I used to annotate the graphics. I also didn't trade on all the days due to various situations but ended up 90 points up for the week which was great. What I have done is to write the upper and lowe

May 15, 2010 No Comments Full Story

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