Posts Tagged day trade
Today I was a bit unlucky with the markets. I usually take the high and low of the market movement between 4am and 7am but I had set the high at the previous high at around 6am which I thought would be the high of the day.
Anyway, if you look at the chart you will see that my trade triggered at 7am for the long which then fell to hit the stop for -40. The short trade also went and it should have hit the target for 30 pips but including the spread and all that, I think I missed the exit by les
June 7, 2010
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I still haven't updated the charts from last week so I'll need to do that still... however, I was excited about trading since the testing has shown the systems seems to be profitable over the long term. You can never be 100% sure of any trade so long as you win more than you lose.
Anyway, I have decided that it looks more profitable to put in an order for either direction. I am not doing the OCO (One Cancels Other) trade anymore.. I will buy if the market goes above the upper line and sell if
May 24, 2010
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Well, as I mentioned, I spent the whole week from 17th May on a business trip. I had looked at the charts every day and wondered how the system would have worked if I had traded it. Here are the charts!
17th May
I just flew into Africa in the morning. However, a long would have been triggered and 30 pips would have been in the bag
18th May
It wasn’t easy to put on the trade today.. I was in a conference and had to fire up my email and put in the order. I had put in an order to
May 22, 2010
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