10 pips in total. The exit on second trade was a complete nonsense...
1 comment:
Kumar
said...
There is no doubt timing is everything and that’s where we can always win pips like that, if we have the right timing then winning 5/10 pips is pretty simple. I do scalping, so most of my trades are lasting in range of 10-15 pips at very best while another massive benefit is OctaFX broker where I just have to pay 0.2 pips spread for all major pairs, so that really makes thing easier for me and allows me to be successful without an major difficulty at all.
"When i trade at home, I often watch the sparrows in my garden. When I feed them bread, they take just a little piece at a time and fly away.They keep on flying back and forth, taking small bits of bread. You will never be able to shoot a sparrow, it is just too fast. That is the way I day trade". M. Weinstein.
"Μηδείς αγεωμέτρητος εισίτω μοι την θύραν". Plato
"Toute lucidité est la conscience d'une perte". E. Cioran
There is nothing to sell on this blog. No signals, no "systems" for sale. Just my trading plan and the recording of my trades on eur/usd and the fx euro future recently. And the books, the music, the films I like.
The Forexbird is a professional currency trader. He is also photographer and engineer, a maths and music addict and curious about everything.
Reading simultaneously two books on Technical Analysis, one good and one (very) bad. The good one is this, by Martin Pring . All you need to...
Risk Disclosure
Trading foreign exchange on margin carries a high level of risk, and may not be suitable for all investors. The high degree of leverage can work against you as well as for you. Before deciding to trade foreign exchange you should carefully consider your investment objectives, level of experience, and risk appetite. The author is not liable for any loss or damage which may arise directly or indirectly from the content of this website.
1 comment:
There is no doubt timing is everything and that’s where we can always win pips like that, if we have the right timing then winning 5/10 pips is pretty simple. I do scalping, so most of my trades are lasting in range of 10-15 pips at very best while another massive benefit is OctaFX broker where I just have to pay 0.2 pips spread for all major pairs, so that really makes thing easier for me and allows me to be successful without an major difficulty at all.
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