I had a couple of decent entries today which was a short of the AUD/JPY at 5889 and a subsequent close at 5843 where I thought it may bounce as it was a short term support line.. it was a nice 45 points but then the market fell further to almost 5722 meaning that I missed out on over 120 points!

I also shorted the GBPJPY forex pair at 14127 and got out at 14065 for +62 but once again, the market continued to fall reaching 13900 which meant an opportunistic loss of 165 pips!!

So annoying when this happens!!

Tags: audjpy, currency trading, day trade, foreign exchange trading, forex, Forex trading, gbpjpy, spreadbet, Spreadbetting, trading blog, trading profits

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Tags: financial bet, free, free book, free financial book, freebies, spreadbet, Spreadbetting, trading blog

I took a quick scalp trade on the DOW.. I don’t tend to like to trade the DOW due to it’s volatility but I saw a quick opportunity. The black lines represent resistance lines. The large black slanting line shows the price action breaking out of the downtrend pattern and the horizontal black line, the immediate resistance. As it broke I put on a quick long and rode it up 30 points to take a profit… phew!

Tags: day trade, daytrading, dow jones, dow profit, spreadbet, Spreadbetting, trade the indices, trading the futures