Remember the trade I put on at the end of last week, a short of the EURCHF where I took 40 points? For those that missed it, it is here http://www.makemesomemoney.co.uk/2008/05/30/another-eurchf-trade/ Well, I looked at it today to see what it could have been and this is what the chart looks like: Blimey, I missed out on some serious number of pips... about 150 or so!!!
The Futures magazine is a magazine that I read in Borders when I visit. It is published in the US and Borders in the UK are the only bookshop who import magazines. However, I found a link to get a free subscription of this magazine for those in the US and Canada meaning that I don't get a chance to get this! Oh well, something for my American and Canadian trader friends or simply if you want a free magazine subscription! Visit here http://daytradingradio.tradepub.com/free/fum/?p=f
A few days later after my long trade with EURCHF which should have yielded a nice 180 pips (of which I took none... see previous post for reasons).. another trigger was initiated but this time on the short side. The stochastics crossed and the trend line indicated short. I went short at 1.6275 with a 50 point stop and a 50 point target. The market fell sharply and I took my profit at 1.6235 for 40 points! I am still unable to ride the trends.. I was thinking it being Friday and the market b
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