Friday, January 14, 2011
Again
The unecessary first trade, while price was in the range, gave a loss. The gains came after this, in a natural way, when price moved out of the box. Scared exit (or stop hunting?) on third trade let the pips on the table. Not a big deal, the next wave gave more.
Labels:
forex,
trade analysis
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5 comments:
Superb as always
Thanks you for the great info and the motivational trades you show. I wonder could I ask a few general questions? I'm sure you are busy so if this is not possible I understand. Either way I appreciate your willingness to post your trades. I find them inspiring.
1. I see you seem to mostly trade the Eur-Usd is this mainly because of the low spreads?
2. Are you trading the Forex cash or the 6E Futures contact and with which broker?
Kevin,
1. I trade eurusd because i found that, recently, this is more volatile than euryen 75% of time.
2. I trade cash.
Thanks Forexbird I appreciate you taking the time to answer me....Kevin
That is so nice to see mate, I have been trading for past 3 years and I am trying to achieve results like you always have. I know it’s very tough but with hard work there is nothing impossible. Also, been a regular demo account participant it helps. I don’t like ordinary demo account because it’s too boring so I love working on demo contest by OctaFX broker, they have wonderful weekly cTrader contest, it allows me to perform every week with a chance to win 400-500 USD prizes.
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