Posts Tagged Spreadbetting

Impatience leads to lost profits – GBPUSD trading

Impatience leads to lost profits - GBPUSD trading

I got in a short at 1.5385 which was a nice entry with a stop at 1.5415. The market did worrying bounce up and got close but then fell. However, the path downwards was not straight and was showing some resistance... in comparison, the EURUSD had just fallen and this made me feel that the pound sterling had some strength today. The market was bouncing and I got tired of waiting for it to drop and I took my profit at 1.5335 for +50. However, a minute after I had done this, the market fell a furthe

November 28, 2008 No Comments Full Story

DOW JONES trade… yet more profits on the table

DOW JONES trade... yet more profits on the table

I got in the perfect entry today after seeing the market was trending down and I got in at 8382..  I got out far too early though at 8355 so grabbed only 27 points.. the market fell as far as 8285 which was a further 70 points..  I am finding it difficult to hold onto profits and 27 points is so measly compared with what it could have been!

November 25, 2008 No Comments Full Story

Profits but it could have been so much more – Forex trading

Profits but it could have been so much more - Forex trading

I had a couple of decent entries today which was a short of the AUD/JPY at 5889 and a subsequent close at 5843 where I thought it may bounce as it was a short term support line.. it was a nice 45 points but then the market fell further to almost 5722 meaning that I missed out on over 120 points! I also shorted the GBPJPY forex pair at 14127 and got out at 14065 for +62 but once again, the market continued to fall reaching 13900 which meant an opportunistic loss of 165 pips!! So ann

November 20, 2008 No Comments Full Story

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