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Monday Trade Cancelled

I closed all my open sell stop entries last night.  None of them hit…not even close.  It was getting to the end of the week and the market was too far gone.  I’m looking forward to the next Monday!

Missed Trade - AUDCAD

I think it is probably just as important to record the trades that I missed as it is the trades that I did. Tonight I missed this trade that would have been quite profitable. Click for larger image This pair has been ranging so it is a perfect opportunity to do some divergence trades.  [...]

Don't You Hate it When This Happens!

Oh baby!  The Dow down 500 points today with oil under $100 per barrel for the first time in awhile.  Markets are definitely moving and should give us forex traders some great trading opportunities.

Speaking of which, check out this chart.  I had the box lined up and everything but I couldn’t pull the trigger.  I was staring at it right after it broke out of the box and was considering going long.  Then in the next 10 minutes,

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