Remember the trade I put on at the end of last week, a short of the EURCHF where I took 40 points? For those that missed it, it is here http://www.makemesomemoney.co.uk/2008/05/30/another-eurchf-trade/ Well, I looked at it today to see what it could have been and this is what the chart looks like: Blimey, I missed out on some serious number of pips... about 150 or so!!!
This morning there was another trade I put on... this was a long at 1.2183 with AUDNZD with a top loss at 1.2120 and a price target of 1.2270 with the Forex Smart entry system (a stochastics crossover 12,12,5 and colour change moving average line). He recommends the EURCHF only however but this matched up quite nicely. The market moved nicely in my direction and I have already closed out at 1.2224. I need to keep to the system as I'll never make it as a successful trader if I keep closing ea
Yesterday, I mentioned that I had entered long on the EURCHF at 1.16172. The market initially went my direction hit a high of 1.6235 before retracing. I moved my stop up to entry and it got hit which was a bit unfortunate at the market shot up again and hit a short term high of 1.6278 which is over a 100 pip move. My initial target was 150 points though... anyway, a little disappointing but at least I didn't make a loss. The chap from Forex Smarts where I pilfered his system recommended takin
