Why should you only trade once in each direction when trading the London Trade? This video will show you exactly why. [...]
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Why should you only trade once in each direction when trading the London Trade? This video will show you exactly why. [...] This trade was frustrating. Sometimes, in the heat of the moment my most natural instincts kick in. Usually that means playing it safe. Bad! Find out why. [...] I have two trades for today. One in the GBPCHF and one in the EURUSD. These were very small positions as I was just getting some real money practice. Here are the trades: Review These were good trades. I was practicing the London Trade and only took small positions. They offset [...] No, that’s not World Trade Fund. I’m glad that I’m getting better at reviewing my trades and doing videos because this has allowed me to really keep closer tabs on my bad forex trades. Like this one… Let me give you a little background on this trade. Based on the fundamental analysis, I was [...] I only did one trade tonight. It was a GBPCHF trade and it wasn’t very good. I wasn’t happy with it because I lost money, it was just a bad trade. Review I was not following the London Trade rules and I was trying to trade a continuation again. Good thing [...] Here are my pre-Thanksgiving trades: Review Trade #1: EURUSD (Breakout) Result: -0.55% Review: Not a good trade. Breakouts are probably not the best strategy in this slow moving pair. Trade #2: EURUSD (Level Bounce) Result: +0.00% Review: Closed the trade too soon. It was actually a good entry but was not [...] Here are a few trades that I did: Trade #1: AUDJPY (Carry Trade) – Final Result: +0.03% Review: My initial position was a good trade but I shouldn’t have added the second position. Trade #2: AUDJPY (Scalp Trade) – Final Result: +0.25% Review: Good read of momentum. Trade #3: GBPUSD (Scalp [...] Here are my trades for tonight: Trade Review Trade #1: Long USDJPY (London Trade): -0.37% Trade #2: Short EURCHF(Level Bounce): +0.05% Trade #3: Long GBPCHF (Level Bounce): +0.05% Reducing the number of trades that I take in a night has really helped calm me down and look for only the best [...] Too many trades again tonight, not trading well. I have to slow down the number of trades. Trade Review Trade #1: Long EURJPY (Bounce): +0.14% Trade #2: Long EURJPY (Momentum): -0.48% Trade #3: Short EURJPY (Bounce): +0.09% Trade #4: Short EURUSD (Momentum): +0.16% Trade #5: Long EURUSD (Bounce): -0.20% Trade #6: [...] Here are my trades for November 5th: Trade Review Trade #1: Long GBPUSD (Level Bounce): +0.23% Trade #2: Long EURUSD (London Trade): -0.32% Trade #3: Long EURUSD (Level Bounce): -0.29% Trade #4: Short EURUSD (Level Bounce): +0.03% Trade #5: Short EURUSD (Level Bounce): -0.38% Trade #6: Long EURUSD (Level Bounce): +0.11% [...] |
 
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HIGH RISK WARNING: Foreign exchange trading carries a high level of risk that may not be suitable for all investors. Leverage creates additional risk and loss exposure. Before you decide to trade foreign exchange, carefully consider your investment objectives, experience level, and risk tolerance. You could lose some or all of your initial investment; do not invest money that you cannot afford to lose. Educate yourself on the risks associated with foreign exchange trading, and seek advice from an independent financial or tax adviser if you have any questions. Any data and information is provided 'as is' solely for informational purposes, and is not intended for trading purposes or advice. Click here to read the complete disclosure statement. Compensation Disclosure: Links on this page may be affiliate links in which the owner of this website receives financial compensation if purchases are made through the links. | ||||||||||
