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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 USDCHF. Show all posts
Showing posts with label USDCHF. Show all posts

Wednesday, May 19, 2010

trade 82, new approach


USDCHF entry @ 1.1309, SL @ 1.1260 and TP @ 1.1395, this was a winner but i was back to my old 1 lot. 86 pips winner

Tuesday, April 27, 2010

trade 51


USDCHF entry @ 1.0729, TP @ 1.0847, SL @ 1.0670 taken @ 1300hrs april 27.
SL moved to BE when price reached 1.0750.
SL moved to 1.0758 when price reached 1.0787.
Exited @ 1.0758 for 29 pips profit.......
LESSON LEARNT, STICK TO THE PLAN........

Monday, April 26, 2010

trade 48


USDCHF 15min entry @ 1.0737, TP @ 1.0871 and SL @ 1.0670, taken on 26 april @ 1330 hrs.
BE trade again.

Thursday, April 22, 2010

42nd trade


USDCHF 60 min, entry @ 1.0778, SL @ 1.0810, TP @ 1.0714. Taken @ 22 april @ 2355hrs.
Well another loss. WHAT CAN I SAY, i did not follow the plan. NO CONFLICTING SIGNALS, and i did enter when there was conflicting signals, happen to be the wrong one too. A loss of 32 pips.

41st trade


USDCHF entry @ 1.0703, TP @ 1.0569 and SL @ 1.0770, taken on 22nd april @ 1045 hrs.
Well another loss trade, this cost about 67 pips. Guess i need to re-look at what i am doing wrong.
Everything was good. Entry between 61.8 and 76.4 fibo. One thing i forgot was to put to BE when it reached 1.0682. If i had done that it would be a BE trade. Also there was conflicting signals.
So lesson learnt, always BE the trade when it reached the specified price and most importantly Do not enter when there are conflicting signals.

Wednesday, April 21, 2010

37th trade


This was also like the 36th trade. Entered @ 1250hrs on 21st april. The short value was @ 1.0700 and TP @ 1.0560 and SL @ 1.0770,
BE was set when price moved to 1.0678.
After BE was set the price went on to hit the BE.


So another BE trade. Better than losing, cos it went on to hit the SL.

Monday, April 19, 2010

33rd trade


This is just taken @ 1955 on 19th april. USDCHF entry @ 1.0675, TP @ 1.0485 and SL @ 1.0770.
With this entry i have 3 positions in the market so i am just going to take a step back and read up more while waiting for these entries to exit in profit.

This was was set to 1.0670 @ 2300hrs 19th april.
Set to 1.0665 @ 1420hrs 20th april
SL moved to 1.0650 @ 1710hrs 20th april.

Well this exited with a profit of 25 pips.

Thursday, April 8, 2010

20th trade


This was taken 8th April on USDCHF 60min. ENTRY was @ 1.0719 SL was @ 1.0810. Entry is still outstanding and on 13th April the trade was set to breakeven and a TP was set @ 1.0537. Well this was a winner, cool 182 pips .