This is a video on the three trades that I did last night. Warning, the first two are ugly…here is the final breakdown of how much I made/lost on each trade:
Trade 1: This was a strictly impulsive trade and should not have been entered. -0.9%
Trade 2: Another bad trade, just trying to get some pips on a reversal. Very small gain on trade. +0.0
Trade 3: Finally traded well and made up for the bad trading earlier in the night. +1.5%
The final result was a +0.6% gain. Next time I will review my trades better before entering.
If you enjoyed this article, you might also like:
- Trade: Sep 29, 2010 EURUSD London Trade
- August 25, 2010 – EURUSD London Trade
- September 9, 2010 EURUSD London Trade
- August 18, 2010 – GBPUSD London Trade
- June 30, 2010 EURUSD London Trade
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Good discipline documenting your trades like this. Also good to keep and eye on the fundamental factors QE is the big question with the EURUSD, the direction that the Eurozone takes on this will be the ultimate decider of the Euro direction. We’re at a point of indecision right now, the recent rally was more or less the result of an expected easing in the use of QE. However recent ECB comments have turned that on its head.
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