Tuesday, November 30, 2010
...and down
Several pips on this, splitted on many trades. Extra safety has a considerable cost in commissions.. I should learn to trust the trend more...
Labels:
forex,
trade analysis
Monday, November 29, 2010
Pre-London
Quick move and some pips just before London opening. I stopped at this point, to avoid the usual Monday morning stagnation.
Labels:
forex,
trade analysis
Thursday, November 25, 2010
Thanksgiving
Today I was expecting a dead market, dead as the poor turkey is.. Despite that, the guys in Europe gave some action and slow, sweet moves.
Labels:
forex,
trade analysis
Wednesday, November 24, 2010
Tuesday, November 23, 2010
The newbie in me
Back to the monitors after several busy days. I opened charts around 10pm, only to see the euro collapse that happened earlier today. I insisted to trade even at this obviously dead hour. The result was some consecutive losses and intense frustration.. A totally unacceptable behavior, given my experience.
Labels:
forex,
trade analysis
Tuesday, November 16, 2010
Thursday, November 11, 2010
Wednesday, November 10, 2010
Tuesday, November 9, 2010
One more chance for the fool
On first trade, the two pillars of catastrophy were there : late entry and refusal to exit with a loss. Price went to -18 and I was just looking at the disaster, like a petrified newbie. Then price recovered to breakeven, trade not closed, and went south again, making a double top. I closed with a -6.8 loss, in extremis, just because the market was kind enough to give me a second chance..The pips came immediately after, when I got the correct direction...
Labels:
forex,
trade analysis,
trades : the ugly ones
Monday, November 8, 2010
Friday, November 5, 2010
Wednesday, November 3, 2010
Post-FOMC
Wild moves after FOMC announcement. Waited for the spread to narrow again and then entered 3 times and then stopped. Extreme volatility can make you lose your mind.
Labels:
forex,
trade analysis
Tuesday, November 2, 2010
Monday, November 1, 2010
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