Posts Tagged Trading
To learn more about the DDFX Forex Trading system click here
I'm behind in my updates on the DDFX Forex Trading system due to some family issues to deal with.. however, I have been trading the signals as they come along. It does take a bit of work to put everything together so I hope you understand. I'll write up each week in 1 post to keep the format the same.
Ok, the week of the 5th to 9th September, I traded the GBPUSD and EURUSD forex pair. First up, the GBPUSD pair.
The first en
September 25, 2011
No Comments Full Story
Today I entered short on Gold after seeing a breakdown in the price action. My stop was in the correct place but what I hadn't anticipated was how much money I could have lost when I placed the trade.
I only realised what I had done after I had placed the order and it got triggered. I usually can deal with a 100 point (or pip) loss which amounts to around 2% of my capital. However, I had gone in at the same stake size as my normal trades but my stop was also the equivalent of 250 pips away wh
September 16, 2011
No Comments Full Story
When I trade, I always ensure that I put a stop in for every order.. this is usually 50 pips or points and acts as an emergency stop should anything drastic happen with the markets or if my internet connection dies.. I know my maximum possible loss.
However, it is important to ensure that a stop is place in the right place otherwise you'll be hammered by the stop hunters as they seek to take you out.
My trade today on the GBPUSD was as below.. I saw a triple stop in the 15minute timeframe
September 7, 2011
No Comments Full Story
« Older Entries
Newer Entries »
