Posts Tagged trader
![The original breakout system and trading it...GBPUSD forex trading]()
As I mentioned in previous posts about the breakout system that I had been trading and losing faith in it. I have to distinguish between them as they are both breakout systems.. I'll call them the 4 - 7 trading system and the 9 to 9 breakout system to signify the time range for drawing the upper and lower lines.
So, I'm talking about the 4 - 7 trading system. As previously mentioned, I was losing faith in the system and didn't trade it yesterday. This proved to be a mistake as the system did
June 10, 2010
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Sorry I haven't been updating the blog for a while but everything has been really hectic! I am getting married very soon and have a lot of wedding preparations. In addition, work has taken over the rest of my waking time. I was doing extremely well trading the Forex markets and then, a glut... my trades were rubbish and I was losing money. From a 11 trade winning streak to a good run of losses... what was going on?
I search high and low for an answer, I look at myself to see what was going on
July 27, 2009
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The more I look at the stock market, the more I realise that trading is a game of probabilities.. you are never sure what the market will do, you can only make an educated guess as to what may happen and then hope that the market goes your way. If you've an edge, then you have a chance of making it as a successful trader.
Anyway, my trade today was a long at 96.37 as I saw the price action bounce off the bottom of the range which I identified... the market had hit the bottom line 3 times an
November 19, 2008
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