Friday, 11 December 2009

Forex Trading 11/12/09

Good day to you all, seems like a recurring theme here…I am a little late in the day posting this blog today.

Well I do have good reasons. This morning I was at my eldest daughter’s nativity and the school that both my daughters attend were having a Christmas fare.

As anyone who watched GBP/USD today, it was really quite quiet. I traded this morning and what a trade. I should have had 15+, just like Kofi. However, it was meant to be a short trade. I bloody well hit the wrong button and went in long, boy the air was blue around my trading station. All I can say is when I was looking at the Stochastic and MACD together it was giving me hope. It eventually went up and I very quickly got out, 3.9 pips.


So on to this afternoon. So we were chatting to another friend of ours Adrian H. We were discussing entry points and decided that the break of the pivot at 16280, so the price 16270 was chosen. My actual entry price as noted above was 16267, was a little worried as the price decided to go north and was getting closer to my 40 pip stop. It didn’t get there and started the downward movement. It actually moved a lot faster than I expected and I got out with 13.2 pips. I had discussed that 10 would be my limit so was an extra 3 over so happy. Not as happy as Kofi who exited with 30 pips, well done mate. Adrian H was just watching and didn’t get in.


I went to the school fete, as soon as the trade was over.

However I thought I would share this with you, while we were chatting Kofi shared this link with the other traders, so I am now sharing with you the laptop of my dreams.

Have a great weekend.

To your Trading Success.

The Investor Guru

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