EUR Shed A Thousand Pips
Tuesday, August 19th, 2008Who would have thought have thought that the euro would have receded its upward momentum to 1.4690 a few month ago? The last three weeks have seen over a thousand pips shed from the EUR-USD pair. Is this an indication or the sign of a crack on the wall?
Forex Trading - GBPJPY Finally Got Out Of "Jail"
Tuesday, September 18th, 2007Today has been a very exciting day. I started the day with two short entries, stopped out @ 228.82 and 228.87 respectively with 38.5 pips losses. With both 6 lots in total, that was a massive 231 pips loss. I’ve learnt to move on from such hits. Since those trades, I have made two good successful entries and both came up trumps.
This Morning’s Long Suffering Trade - GBP/USD
Tuesday, May 23rd, 2006It’s one of those mornings. I am finally out of the long suffering trade - a position I took this morning on the cable. I was hoping that there would a 1.8800 violation today. Though it did touch up on it there wasn’t enough momentum to push through. I was glad to be away from the screen when it did and that meant I never get to pull the trigger as indivated in my earlier post.
