NZDUSD didn’t work out
Unfortunately the NZDUSD trade didn't work out.. I got stopped out for -50 though at some stage, I was 25 pips up... oh well!
Posts Tagged stochastics
My Forex trades for the day…
I made a couple of trades this morning... firstly the NZDJPY long at 81.20 with my trailing 50 point loss. The market did go up my way but hit 81.60 dead on before dropping.. I just needed 10 more pips and my stop would have moved to breakeven. However, the market fell like a stone after this and I got stopped out. I also bet half my usual size for this trade so even though I took a 50 pip loss, it was in effect 25 pips... I obeyed the signals and nothing is every 100% in trading.. it just di
It’s sooo hard not to take a profit when you’re trading!
Yesterday I complained about the AUDNZD trade shooting through the roof after I had closed my trade. I said that I would enter new trades with a 50 pip trailing stop loss on my Forex trading. Well, last night, I found two more potential candidates in the Forex markets... the EUR/CHF and the EUR/JPY. Both charts had the stochastics cross and the change in the trend moving average indicator. The EURCHF had previously cross the day before and I had traded this signal to find that I had got
