I am not overly cautious by nature & have dived into things many times in my life and got away with it, but with forex its different. Why? Experience.
The first 3 years I tried to learn how to become successful trading forex were very frustrating & often very stressful. I just KNEW there Read More...
My Trading Results Archives
Learn Forex: Market Analysis – 17th April 2011
Comments (1)
I am not overly cautious by nature & have dived into things many times in my life and got away with it, but with forex its different. Why? Experience.
The first 3 years I tried to learn how to become successful trading forex were very frustrating & often very stressful. I just KNEW there Read More...
Last week we had some technically very good trades in amongst the recent mayhem. News is proving to be the catalyst once again & there is loads of it this week, especially interest rate news on four of the majors.
A good example of support & resistance holding despite earthquakes, Tsunamis Read More...
In April most of my 1800+ pips were made from breaks of asian high and low ranges. This week it has been bounces off 200 emas+ lots of other reasons. This is not my normal method of trading. I am adapting to the market as I see it on an almost daily basis at the moment.
NEVER trade just off a 200ema Read More...
Lots of smaller trades today, without much success on follow throughs. I was trying to get back in the good books with my wife, so had to go out and only traded a few hours in the morning, London session.
The following is a euro/$ trade, bounce off a 200ema. The chf bounced down off daily 200ema at Read More...
I was in big trouble with my wife yesterday. I said I wasn't going to trade as it was a bank holiday.* All the family came back from the beach for lunch & I sneaked into my office for a peek at the charts "just in case;"- it was so obvious I had to take it. ):
If you want to keep up with what Read More...
Well i didn't make it to 2000 pips, but still my best month ever trading forex. If you had traded $10 a pip following my strategies you would have earned $18.000+ in a month !!
The pleasing thing for me was twofold.
1) The profit was made using low risk, repeatable trades.
2) That I didn't get carried Read More...
Great start to the day. My euro/$ trade which I opened yesterday, as explained in my results, closed for a 145 pip profit. I have then taken 20 pips off a gbp and +20 on a euro long, break of the asian overnight high. And a further 28 pips off the 2nd euro lot.
Still struggling to get follow through Read More...
You know when you are tired when you can't count your pips properly. In this mornings email I said that the pip haul for the month was 1200+. When I sat down to do my monthly figures this afternoon, i realised i had made a slight mistake.
My monthly total for April 2009 up to this morning was actually Read More...
As previously posted on twitter:
January 2009 + 850 pips
February 2009 + 1205 pips
March 2009 Read More...
Very strange day for me. I was pre-occupied with the euro/gbp & as a result missed moves on the other pairs. I was not helped by the fact that i had been awake half the night monitoring the pair. I was convinced there was a big move coming on it. In truth i thought it was going to go UP with a bang Read More...

