Archive for January, 2006
« Previous Entries Next Entries »Beaten By The Market This Morning
Tuesday, January 17th, 2006One of the rare days for some time now. I traded Cable - GBP/USD today. My trade this morning had perfect analyses and entry but too tight a stop. As I was about leaving my trade on auto-pilot there was a war in me as to leaving my stop on 20 or 30 pips. I eventually decided on 20 as my risk level. This decision eventually cost me a possible 75pips and a further 20 pips loss. Amazing, Isn’t it?
Forex Trading - A very Interesting Day
Wednesday, January 11th, 2006I had three trades today. Two ended positively and the other in a loss. I can’t really complain because it could have been worse had I not moved my stop level. I traded cable, GBP/USD today. I took my first position this morning @ 1.7594 just before but was taken out @ 1.7607 (-13pips). Then I re-entered my position @1.7576. This I eventually exited at 1.7538, (+38pips).
Back To The Fold Again
Tuesday, January 10th, 2006It seems like eternity since I last commented here. I was away very briefly therefore I have not been able to comment here due to some other commitments. But I do believe that the year has not been that bad in terms of trading forex ..yet. I must confess I missed you all for the pleasure of not being able to communicate with you all.
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