Tuesday, June 29, 2010

Trade that I missed



First circle with arrow was a buy setup .. missed it good for 15 pips .. most likely it would have been a break even trade

Second circle with arrow was a sell setup .. too bad missed it again but it has potensial of 70 to 80 pips ..

ATM I'm testing GY pair with 5 min because it is volatile..


Cheers..

GU trade Today +25



Took one trade today went Half full lots.. (0.50 ) took a nice 25 pips profit.
Perfect entry and .. Fib 233 extension exit..

Cheers

Monday, June 28, 2010

First Forex Trade after a break.



Nice pattern. entry is good as well as exit at 233 extenson.
I am using 2min chart on GU pair atm. Grabed 16 pips in 2 lot ..

MoneyMangement Part: As I had to step away from my desk so I used trailed stop for the last mini lot instead of baby sitting it but it went to the price projection as expected 423.6 Fib Extension

Thursday, June 3, 2010

Setup that I missed..




Some trade setups.. Clear .. nice trending day today

Trade on TF


TF Emini signal which I was just eyeballing.. ... would have been nice profit..

What i was trying to prove happened in Last trade



What can i say I hold both of my first two trade for the 50 ticks .. and the one i didn't held went 50 ticks..

He he he.. but
again all can see how it works..

:)

Money management is the Key

3rd Trade +20


Since CL is ranging decided to take 10 tick Scalp..

+20 tick in 2 cars

-13 ticks Today for a start



... CL is very range bound today.. took two trade both has +10 and + 17 ticks potential..
First trade should have move SL to break even but i didn't.. so cost me -32 ticks
2nd trade i could have recovered my loss plus with tiny profit but i took one at +15 2nd one i was trying to get 20 or 30 but stopped me out +4

This week is NFP week so lets see..