Thursday, June 30, 2011

Money is not that important

All the money of the word cannot bring you the joy of life of this young lady, the hapiness to sing in the streets with friends...

Day off

Day off today, as the June target was met and cannot jeopardize this on the sometimes sharp month's fixing (last day of month).

Wednesday, June 29, 2011

Enjoy the day

Target met in 50 minutes. Closed charts and pc after this. Euro may reach 1.44, 1.45, who cares.. Time for reading, swimming or music now.

Tuesday, June 28, 2011


The daily target of 20 pips was reached with these, but at a price! Huge risk taken twice, big anxiety..


I insisted too much on the -8 trade, despite the fact that price was fighiting against a previous high on the hourly. Last trade closed in time, because of this.

Monday, June 27, 2011

3 trades a day

My fear with trading is always the same : to be trapped in the spiral of endless overtrading. Today I had a day which I consider as the perfect one :  reaching (almost) my target (20 pips) in just 3 trades, in less than an hour.  I can't stand the continuous stress, all day long, in front of the monitors anymore, I must care about my health and I have to make my pips with high stakes in the shortest time possible. Life is elsewhere..

Wednesday, June 22, 2011

Friday, June 17, 2011

Last trade closed at the middle of the move because, at this point, I totalled my 20 pips/day target and I wanted to secure this and stop trading for the day!

Last chance

Got the last train to go south, after missing the previous (and safer) opportunity to do the same.

Thursday, June 16, 2011

Up and down

I insisted too much on the wrong direction on the first trade and got a -8 in no time. The gains came after this, in a natural way, just by following price.

Monday, June 13, 2011


On the second trade of this, 1/4 of position was closed as soon at it got positive, at +1. I had the fear that price had overextended north, so a correction was very probable. Despite that I left the rest of position to run with stop at breakeven and closed 1/4 at +10 and the resting 1/2 at +10 also but a few moments later.

Thursday, June 9, 2011

And this

Price following

A few moments later, it was easier to follow the price and make some gains, keeping always a tight stop.

Casino thrills

I was lucky enough to close trade a few seconds before the madness episode. It was 5 minutes after the news and with no particular reason, price dropped 70 pips and raised 80, all in 19 seconds!!! How can anyone trade under these conditions and stay alive? Forex becomes a casino little by little, with all the thrills and the suckers hooks of a casino. I feel a growing deregulation of the currencies market and a wise man should stay aside for a while.

At the very same time of this episode, the ES future (S&P index) was calm like a zen garden. I monitor this instrument also in the last weeks and I now understand the thousands of traders who trade this for an income. No big thrills, quite, steady moves and more safe to gain a few ticks here and there. More soon..

Friday, June 3, 2011

Post NFP with futures

Tight stop (6pips) saved me on the first case and putted me out of the trend on the second. Total 21 pips.

Wednesday, June 1, 2011