More pips when the range was over. I stopped when I got the 20 pips for the day. More gains were possible after this, when the move up accelerated, but who cares..A day with no trade lost and the weekend is profiling. I could not ask for more..
Back to my base (after some winter holidays and a business trip), only to be immersed in the post-Fukushima era... Because of the tragic situation in Japan, the eur/yen pair was a straight drop today, big and (very) easy money. But I wasn't comfortable to make profits from the misery (and death) of thousands there. I am not a shark.. So I continued with my modest gains on eur/usd pair.
"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.
This is a typical example of what I am doing recently : wait for one of the numerous significant moves of CL during EVERY day and go with ...
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.