Archive for the Trading Category
After last weeks volatility in the markets I thought I would watch the markets today to see if there were any opportunities.. I have always learnt that the markets will go their way regardless of any intervention of which we saw plenty of last week. The markets were clearly heading down and for those who are bearish, perhaps this was a perfect shorting opportunity.
Anyway, I tried not to think too much about this and just watch the markets unfold and take my position from there. The markets fel
September 22, 2008
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I had an entry for a short position on the GBPJPY with 100 pip stop and limit. Both 15min and 1 hour charts were indicating a sell so I went short at 189.27...
It took a couple of hours and hey presto, the market fell through and I bagged my 100 pips!
September 9, 2008
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The Daily FX website have a new Forex alerting service.. it's currently on a free trial. I can't personally recommend it as I've not tested it myself (I only heard about it today) but feel free to have a look.. in fact, let me know how you are finding it.
Go to http://www.fxcm.com/trading-signals.jsp and sign up.
They trade 3 strategies; breakout, range and momentum against all the currency pairs.
Looking down the Trade Details box, the P/L is currently showing: +108, -113, +701, +93,
September 6, 2008
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