Thursday, October 29, 2009
Opposite way
Same mistake as on the previous post : not trusting the trend, closing the trades and missing most of the pips.
Labels:
forex,
trade analysis
Wednesday, October 28, 2009
A clear trend
Missed the first move down on this, then i managed to follow the price and get some pips. Two problems here : First, I don't trust the trend much, so I close early and re-enter, missing a substancial part of the move. Second, I try to anticipate the reversal point and that is very risky on a strong trend like this one of today.
Labels:
forex,
trade analysis
Tuesday, October 27, 2009
Friday, October 16, 2009
Thursday, October 15, 2009
Wednesday, October 14, 2009
Eurusd
Mini scalps on eur/usd today, as I monitor this pair also since last week. It takes some time to be accustomed to scan two pairs on scalping level simultaneously, but this way i can pick the best opportunity every time, the appropriate setup and volatility. 10 charts in total open in front of me, on two 23'' screens. I will not be bored!...
Labels:
forex,
trade analysis
Tuesday, October 13, 2009
Thursday, October 8, 2009
Flat hour
Second day in a row with very tight range inside my time slot (10:00 EST). A lot of pain to get 1-2 pips. At the same time the eur/usd pair was clearly more vivid! Eur/usd is more interesting recently than the cross pairs. Should I change instrument or time slot? I decided to keep open charts of both pairs and trade the more volatile of the two.
Labels:
forex,
trade analysis
Tuesday, October 6, 2009
Friday, October 2, 2009
Breakout
A textbook breakout here, after a long range. Entry was positioned just outside the range using a limit order and a tight stop, because the range could continue ad aeternam. Exit below the first red bar.
Labels:
forex,
trade analysis
Thursday, October 1, 2009
Duty paid
I paid my duty inside the range and then got the pips on the local breakout and sweet reversal. Relatively precise entries/exits.
The twin red bars on the chart are a sign of stagnation and eventual swing point. One of many that bars can give.
The twin red bars on the chart are a sign of stagnation and eventual swing point. One of many that bars can give.
Labels:
forex,
trade analysis
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