I have started this to help myself and others who are interested in Elliott Wave theory in relation to FOREX trading. I will post my trades taken and the profit targets and stop losses as i take the trades. Hope to learn more and teach more. (DO NOT TAKE THIS AS SIGNALS i do not give signals. Even if you take the trades i am not responsible for the winning and losses:)
“Many of life's failures are people who did not realize how close they were to success when they gave up.”
- Thomas Alva Edison
- Thomas Alva Edison
Wednesday, May 5, 2010
trade 68
NZDUSD entry @ 0.7150, TP @ 0.7270, SL @ 0.7090....Another BE trade. Well this went on to hit my TP. Sometimes i think i should just put a SL and TP and let nature take its course if it wins then it win if not it loses. But in so many forums and books i have read, they always say take care of your loses and the profits will take care of themselves, so what am i doing wrong? Breakeven too early? well that may be the clue , i need to go find out ....... forex is just so intensive and interesting.... i just love this business.
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