Posts Tagged trading blog
I really seem to be getting the hang of trading the forex markets lately and my account is at all time highs... long may it be like this. I don't really know if it's me who has improved or simply that the markets are favouring my style of trading... anyway, I am happy with how things are working out except for the fact that although I enter quite well, I seems to be taking profits far too early still... here are my trades for today...
I went long the USDCAD forex pair at 12515 and close
December 2, 2008
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A successful Forex trade..
I made 45 points on this.. as per my previous post, I mentioned that I was at the gym.. I would have managed to get out a bit earlier when it spiked up.. probably would have got out at around 0.6385 for a further 20 points.. oh well, never mind.
December 1, 2008
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If you look at the 1 min chart of the Dow Jones below.. you can see that the market in the yellow box wasn't doing too much.. however, I was trading in this region, selling and buying when I should have been doing anything. I saw that the market had dropped and I was expecting to see a bounce back up to around 8500 at least... however, the adage is 'trade what you see, not what you think' and I failed miserably.. in total, I made two trades in this region, both lost to the accumulative amount
December 1, 2008
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