Monthly Archives: September 2010

16 September 2010 – 0900 EST GBPUSD Long

This trade looks like it would have been a little trouble some at first, maybe a breakeven stop loss on lots 2 and 3 at best, before the price turned back and presented a second long opportunity. “One never knows … Continue reading

Posted in Trades Missed | Leave a comment

16 September 2010 – 0509 EST GBPUSD Long

This trade experienced a slight pull back before reaching its profit targets. Might have been a good opportunity to buy more contracts a little cheaper.

Posted in Trades Missed | Leave a comment

15 September 2010 – 0915 EST GBPUSD Long

The first trade, labeled “A” at 0915 did not work out so well. It almost hit the first profit target of R1, and missed it by a pip or 2. It’s hard to say whether I would have gotten out … Continue reading

Posted in Trades Missed | Leave a comment

15 September 2010 – 0509 EST GBPUSD Long

I had to work late last night and did not get home until 0130 EST this morning. Needless to say, I was not “up” to make this trade. It would have been a pretty good one though. Price retraced a … Continue reading

Posted in Trades Missed | Tagged , , , , , , , , , , , , , , | Leave a comment

14 September 2010 – 0836 EST GBPUSD Long

The Pound moved sideways all during the 0500 session, until the 0830 EST USD Advance Retail Sales (AUG) news announcement . As usual, the spread on the GBPUSD widened and I entered the trade a little early, before the resistance … Continue reading

Posted in Trades Taken | Leave a comment

13 September 2010 – 1054 EST GBPUSD Long

Quick 2 targets profit and then a stop out.

Posted in Trades Missed | Leave a comment

13 September 2010 – 0530 GBPUSD Short

This was a perfect short. Three targets hit, then sideways…

Posted in Trades Missed | Leave a comment

Scaling Into a Trade

There are a few schools of thought that I have encountered related to scaling into a full trading position. Assuming you are trading with multiple lots, which I certainly hope you are, if you enter your position all at once … Continue reading

Posted in Deep thoughts | Tagged , , , , , , , , , , , , , , , , , , | Leave a comment

10 September 2010 – 0833 EST GBPUSD Short

Now this would have been a nice trade for sure. The only question is would I have held on and waited to have the price hit S2M, which is what my 3rd target would have been.  

Posted in Trades Missed | Leave a comment

10 September 2010 – 0606 EST GBPUSD Long

It’s hard to say what I would have done here (this is why paper trading sucks…) I think I would have gotten in at 1.5453, scaled out some at 1.5461 at the R1M line, and then gotten stopped out on … Continue reading

Posted in Trades Missed | Leave a comment