Thursday, January 3, 2008

Forex trading 01/03/08

I suck at trend trading but I'm trying.

I had short in gbp/jpy but it didn't came my way so I exit it soon when I was in profit. That trade would worth like 300 pips. Probably I wouldn't stay in it that long, but trade was there. Action was to ugly for me and I was happy to exit it in the profit at the time of exit.
Real trend down started at around 10.30 but I wasn't prepared for it.

I made a bunch of scalp trades for +29 pips today.

Last trade in eur/usd and usd/jpy were really bad and I shouldn't take them. I didn't see anything, I was thinking that usd will gain strenght because it's to much down.

Forex trading
Forex trading
-3, 0, -6
Forex trading
+7, +3
Forex trading
+6, +6, +5, +11
Forex trading

No comments: