Posts Tagged forex trading system
Today, the range bars was rather narrow... just 30 pip range which is tiny...
The upper range line was 14737 and the lower bar was 14707
The market did break towards the upside triggering the long.. however, the target was 14767 but the highest it reached was 14759 before it collapse. This meant a 30 pip loss. However, the short which followed was good netting 30 pips resulting in a stratch trade day.
I have decided that I need to be disciplined and this involves trading the system tire
June 11, 2010
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For those following, I mentioned that I signed up for the free 30 day trial of the FXCM System Selector and attached the TrendEscape trading system to it for the GBPUSD and GBPJPY forex pairs. Yesterday when I checked, I was about $2000 down from the demo portfolio.. it started at $100,000. The last trades where a short of both the two pairs which amount to losses.
Right now, the account has dropped further.. another $1000 and the current live trades are slightly down at $100 loss or so....
February 27, 2009
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I am finding trading quite difficult lately.. the techniques which I have been trading with have not been doing so well and as a result, my account has plummetted. I wrote around December/January time that my account had reached all time highs.. the market was really good with me and I made a killing.. however, the market has changed and what I was doing which worked before, doesn't work any more... trading really is tough!
Also, it is hard to find the time to stalk and wait for these opportu
February 25, 2009
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