Posts Tagged long

Two losing Trades this week – USDCAD and DOW

Two losing Trades this week - USDCAD and DOW

Unfortunately, I had two losing trades this week...  firstly the USDCAD long I had gone long this pair as it looked as though the downwards momentum had stopped.. I could see some support here. When I got a bullish signal, I entered long. However, this was very short term as the trend was still short and my stop got hit. My next trade was the DOW short: I got a bearish daily pin bar and the market had recently breached higher yet fell.. a bearish signed. I went short.. unfortun

December 9, 2012 No Comments Full Story

Daytrading frustration… when to stop?

Daytrading frustration... when to stop?

Today was another disastrous day trading.. I have been trading on/off for over a year on this blog and I still am miles away from being successful. My stint with the trading academy showed signs of success before they terminated my contract (illegally... it's going through solicitors currently) and recent courses have proved to be fruitful. I know trading takes a long time to learn and although this blog has been running for over a year, I have actually been trying to trade for much longer t

August 12, 2008 No Comments Full Story

Caution in the markets

Caution in the markets

I have been rather cautious with my trading as the markets seem extremely volatile whipsawing as uncertainty seems to take grip. As a result, I have been extremely selective in my trading and hence the rather less frequent updates on the website. However, on Friday, I did make a trade on the AUD/USD forex chart. I traded this as I saw negative divergence on in the 4 hour chart on the stochastics as the market had hit a second high at around 0.9630. The stochastics also crossed and my trend si

July 7, 2008 No Comments Full Story

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