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Monthly Archives: December 2010
22 December 2010 – 0919 EST EURUSD Short
I grabbed a quick short here at 1.3106 and exited @ 1.3099. I did feel that the price would keep going down, but I had to get ready for an appointment and I did not want to NOT focus on … Continue reading
22 December 2010 – 0759 EST EURUSD Short
This was the trade that I missed out on today. Honestly, I do not know why I hesitated. The risk was low and the trade setup was really rather perfect. It was coming in front of the news announcements @ … Continue reading
22 December 2010 – 0528 EST EURUSD Short
I traded the EURUSD short today when price fell below the central pivot line with an entry @ 1.3145. I used S1 as a target because S2 was below the low of the low from the 0100 session. It was … Continue reading
Posted in Trades Taken, Winning Trades
Tagged Euro, foreign currency trading, forex, forex blog, forex profit targets, pivot lines, stop loss
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21 December 2010 – 0913 EST EURUSD Short
I got a signal to go short at 0913 EST @ 1.3161 (when price fell below the central pivot line.) I exited the trade @ S1, which was in the general area of the lower symmetrical triangle trend line on … Continue reading
21 December 2010 – 0817 EST EURUSD Long
Most of the 0500 session today was strictly sideways movement with low volume on 6E. I missed this breakout move to the upside at 0817. It happened too fast. Price hit the top of the symmetrical triangle forming on the … Continue reading
Posted in Trades Missed, Winning Trades
Tagged EURUSD, forex, forex profit targets, pivot lines
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20 December 2010 – 0500 & 0900 EURUSD
Choppy morning today. I took six trades, 4 losers, 1 breakeven and 1 winner. Although I felt that the patterns on the 4 hour and 15 minute charts were presenting a bearish trend, I played both sides of the pivot … Continue reading
17 December 2010 – 0907 EST EURUSD Short
The 0900 session presented us with a continuation of the bearish trend in the EURUSD from the 0500 session. Here is the trade: ~ Short @ 1.3243 (stop loss @ 1.3271) ~ Exit trade @ 1.3171 (71 PIP profit) The … Continue reading
Posted in Trades Taken, Winning Trades
Tagged forex, EURUSD, Day Trading, Futures Trading, Make Money, stop loss decisions, foreign currency trading, lower lows lower highs, free forex chat, Forex Volume Indicator, day trading system, forex trading system, macd cross, rsi indicator, forex indicators that work, adx, tsi indicator, stochastics settings for forex, forex scalping, forex swing trading
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17 December 2010 – 0644 EST EURUSD Short
A nice short trade formed during the 0500 session. I don’t take shorts above the pivot line, so I waited for the pullback and the next short signal which occurred at 0644 @ 1.3295. This was the ideal trade because … Continue reading
Posted in Trades Taken, Winning Trades
Tagged Day Trading, Euro, EURUSD, foreign currency trading, forex blog, forex profit targets, free forex chat, Futures Trading, fx, lower lows lower highs, Make Money, pfg best forex, pivot lines, stop loss decisions, tightening stops, trading psychology, trading system, trailing stop loss
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16 December 2010 – 0910 EST EURUSD Short
I was trying to play this short trade all during the 0500 session with a few stop outs. I had to leave the office just after 0900 EST so I was looking for my final chance to go short with … Continue reading
15 December 2010 – 0612 EST EURUSD Long
The EURUSD gave us a few places to enter long during the 0500 session. 30 PIP profit in total.
