Thursday, January 27, 2011

Pre-London

A strong (technical) move just before London opening (10:00), which I didn't trusted much and as a result I left many pips on the table.

6 comments:

G. said...

Yes maybe some pips left on the table but no losers and very consistent. Impressive. You seem to be able to close a trade very quickly do you have a "early exit rule"? I look forward to your posts and thank you......G

The forexbird said...

""You seem to be able to close a trade very quickly do you have a "early exit rule"?""

I am fast. I used to be table tennis champion in my youth! Seriously, i trail a stop behind the price on a price ladder and i never let a winner to turn into a loser.

G. said...

Thanks and very helpful. I played table tennis as well and was a fan of Jan-Ove Waldner and Mikael Appelgren two great swedish player maybe they trade the eur-usd as well LOL

The forexbird said...

The Waldner guy is me! Didn't you know that? lol

G. said...

LOL

Dravid said...

I think we should go according to how we do trade these things might happen once or twice but can’t always be expecting this to occur regularly, so even if we misses out on some pips it’s good as in future we will avoid losing out due to greed. Also, it’s tough to exactly know when the session is changing for beginners that is and that is where I love working with OctaFX broker, it has excellent cTrader platform where we are able to know which session it is due to been written on the bottom.