Archive for the Trading Category
I don't usually like to trade during the Xmas/New Year time as the markets are quite light on volume. However, it was my first day back today into work and it was sooo quiet! I have got into the habit of logging into the trading platform after work to have a look at the market.
I made a trade, long USDCHF at 1.0556 and got out at 1.0594 for a 38 pip profit with a 50 pip stoploss. Not really a good trade overall as my pip count should be at least equal to my anticipated stoploss to have any ch
December 29, 2008
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The Xmas holidays aren't the best time for trading as traders are on holidaying.. this mean that the market volume is low and that technical trading patterns are prone to whipsaws and low volatility. It generally isn't a good time to do any trading until the New Year.
I have also taken quite a few holidays off work and looking forward to relaxing and I'll be back next year.
I hope you all have a great Xmas and New Year!!
Alan
December 23, 2008
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I worked the whole weekend and today, I was exhausted coming back from work. I didn't really feel like trading but I have got used to making some consistent profits over the past couple of weeks. I have had a good winning streak and my account is again, sitting at all time highs. My account is 50% higher than it's opening and I hope that I can keep it this way.
Today's trade was a short of the USDCAD. The market had enjoyed a tremendous run up to the point of exhaustion when it promptly fell
December 8, 2008
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