Forex trading 12/11/07

+7 pips on eur/usd today in the direction of the trend. It's great when I don't do reversal trades all the time.

Forex trading 12/06/07

+21 pips in gbp/usd today. There was some strong support around 220 so gbp/usd didn't fall like eurusd. At 10.30 there was news release, so I wouldn't hold it that long.

Forex trading 12/05/07

Gby/jpy 1/3 of the size +6 pips


gbp/usd 2/3 size +2 pips

Forex trading 12/04/07

Well today I was trading a lot. I was by the screen 6 hours. I'm not used to so much concentration on trading so last trades are pretty much questionable.

+21 pips all in all



First trade was maybe the best. I shorted gbp/jpy in the downtrend. That's the think that I want to do more often, trade with the trend. I shorted after 40, 50 pips of downtrend, that's the first. And than it bounced back after nice profit because usd/jpy hit resistance at 110. I stayed but took exit soon. Size of all gbp/jpy trades was 1/3. So in that first trade I got +10 pips

Second two gbp/jpy trades were against the trend I took fast exit as usual for +8





Best thing today would be if I just kept my first gbp/jpy short and exit after let's say 100 pips of profit.



I had idea that usd/cad will fall again after it bounced from 1.0000 level. But I'm always wrong in usd/cad trades. I averaged down, all positions were 1/3 of the size. Exit for -3 pips


From this point on I was in bad shape for trading. Great thing that I didn't lose money.
I made poor judgment about eur/usd exit. All trades were in 2/3 of my regular size. I took +2 pips for the first two combined and +1 for third.


In the end some two eur/cad esoteric guess shorts with 1/3 of the size for each of them and +3 pips in total

Forex trading 12/03/07

Definitely premature exit in eur/usd. I just didn't want to let it slide down from +7 pips of profit.


First and second gbp/usd short entry were 2/3 of size, last add on was 1/3 of size.
Gbp/usd +10 pips

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