Posts Tagged Trading
Apologies for those who have been following my updates on Twitter and then coming to the site to find that I've not updated the blog to go through the trades.
Trading for me is becoming more stringent in the way that i select my trades.. my ruleset for trading has been greatly narrowed and overall, it seems to be working out. Posting why I've traded a particular trade is pretty repetitive as I am following the same ruleset time and time again to enter my trades. I do have the tendency to pu
September 18, 2013
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This is going back a while now but a trade that I had put on the 5th August - those following my Twitter feed would have seen this.
I went long AUDUSD after seeing a pinbar as you can see from the pic below.. the next day it went up and the following day, you can see that there was some retracement. In the Daily chart, it looks fine but if you actually saw what happened that day, you would have gotten spooked which is what happened to me. I saw that I was 70 points up at one stage and then
August 14, 2013
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I like pinbars as they show strong buyers (or sellers) in the market. It was last Thursday when I went long USDJPY after the bullish pinbar. The market though had been in a downtrend so it was a risky play but the market was oversold and I was expecting a bounce at some stage.
Anyway we went long expecting a movement the following day.. however, that didn't happen. On Friday, the market pushed down and when the markets opened over the weekend, the price action pushed almost to the low of
August 13, 2013
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