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“Many of life's failures are people who did not realize how close they were to success when they gave up.”
- Thomas Alva Edison
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Showing posts with label EURUSD. Show all posts
Showing posts with label EURUSD. Show all posts

Thursday, April 22, 2010

39th trade


EURUSD entry @ 1.3384, TP @ 1.3492 and SL @ 1.3330, taken on the 22nd april @ 1045 am
This was a loss, of 54 pips hmmm....... what went wrong ???

Wednesday, April 21, 2010

36th trade


This was taken on 0815 hrs 21st april. I set the value to go long @ 1.3420, TP @ 1.3600 and SL @ 1.3330.
BE was set when price moved to 1.3447.
So this was a BE trade.

Monday, April 19, 2010

32nd trade


This was just taken @ 1940hrs on 19th april. Its on EURUSD 15 min entry @ 1.3438 TP @ 1.3654 and SL @ 1.3330. I hesitated on taking this trade but just controlled my emotions and took it, probably the 1st trade of the week (30th trade) was a loss and it hurt my confidence abit. But i am in so lets see how this goes.

This trade was set to BE @ 2300hrs 19th april.
Set to 1.3448 @ 1420hrs 20th april.

Well this exited with a 10 pips profit. due to moving of SL to protect profits. A win is a win but i am not satisfied as the risk to reward is not there. Well i am trying to research more to grasp a better exiting strategy.

Tuesday, March 30, 2010

14th trade

This taken 30th march. Wrong entry at between 38.2% and 50% of the fibo. Lost 165 pips. LIVE TRADE. Lesson learnt WAIT FOR THE PERFECT ENTRY TO MINIMIZE RISK AND MAXIMIZE REWARD. If the trade is gone wait for the next trade, the market is not going any where. Small school fees for each lesson learnt. lol.

Tuesday, March 16, 2010

9th trade

Confidence was boosting all around. Another LIVE trade. 16th March. 50 pips gain. Not bad.