Posts Tagged trading cable
Today wasn't too exciting........ I was rather miffed about yesterdays double loss so hoping today would bring back some results.
The lines were at 14488 and 14402. The upper bar was breached and the long trade was initiated... an easy 30 pips were bagged. However, the market initially went to 14541 before a smallish retrace and shot even higher to around 14587 (100 pips) before falling all the way down.. it wasn't too far from the lower of my lines and if a short was initiated, it would have
May 27, 2010
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I still haven't updated the charts from last week so I'll need to do that still... however, I was excited about trading since the testing has shown the systems seems to be profitable over the long term. You can never be 100% sure of any trade so long as you win more than you lose.
Anyway, I have decided that it looks more profitable to put in an order for either direction. I am not doing the OCO (One Cancels Other) trade anymore.. I will buy if the market goes above the upper line and sell if
May 24, 2010
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Well, as I mentioned, I spent the whole week from 17th May on a business trip. I had looked at the charts every day and wondered how the system would have worked if I had traded it. Here are the charts!
17th May
I just flew into Africa in the morning. However, a long would have been triggered and 30 pips would have been in the bag
18th May
It wasn’t easy to put on the trade today.. I was in a conference and had to fire up my email and put in the order. I had put in an order to
May 22, 2010
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