Posts Tagged trading blog

Trading for 2014 and beyond for Make Me Some Money!

First of all, Happy New Year to you all! I wish you the very best in your trading for 2014 and beyond! The blog is now almost 7 years old.. can you believe it?  Well, my trading has evolved leaps and bounds over the years and I think it's a thoroughly worthwhile pursuit despite the many years of frustration and losses at the start. These days, I find that it difficult to always update the blog as I'm trading pretty much the same consistent way and although there is always learning to be had,

January 13, 2014 No Comments Full Story

Going Long USDCHF

Going Long USDCHF

I just went long on the USDCHF pair...  if you click on the picture above, you can see it more clearly. The price has now hit a support line which was a strong base at the beginning of the year. The price had hit this year on a couple of occasions and it's worth a punt! The negative aspects of the trade is that the price is looking a tad weak and we have gone long as the market is trending lower so we are indeed trading this as a countertrend play. However, the risk is low.. 30 pips w

September 23, 2013 No Comments Full Story

The countertrend trade on GBPUSD

The countertrend trade on GBPUSD

As you can see from the chart, the GBPUSD has been in an extremely bearish market. However, when I saw the bullish pinbar, I knew my trade would be a countertrend trade where I would have to be extremely careful, ensuring that I don't end up losing pips. With my last few trades, I've been holding out for the longer trades but they've not been working out for me so I'm going to split my trades... I'll report on the ones where I have had my most success (ie daytrades) on Twitter but will be

February 24, 2013 No Comments Full Story

« Older Entries