Category Archives: Losing Trades

26 January 2011 – 1047 EST NQ Long

Posted on January 26, 2011 by

I saw price fail to break 2320.00, fall back to the 21 SMA line, and then start to rally up. I entered @ 2319.50 assuming that the market would break 2320.00 and then make a big rally up from there. … Continue reading →

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25 January 2011 – 0800 EST Session GBPUSD

Posted on January 25, 2011 by

I took a few trades during the 0800 session in the GBPUSD. Two were small losers and one was a medium winner. Trade 1 Short 3 @ 1.5772 Close 3 @ 1.5784 P&L: -12 (-36 PIPs) Trade 2 Long 3 … Continue reading →

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24 January 2011 – 0800 EST Session GBPUSD Longs

Posted on January 25, 2011 by

2 long trades setup during the 0800 session. The first was @ 0812, which resulted in a stop out. The second was @ 0936, which reached all the way to S2 target.

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7 January 2011 – 0500 & 0900 EST Session EURUSD Trades

Posted on January 7, 2011 by

Today was one of those days that I should not have turned on the computer. Most of my trades were losers during the 0500 EST session, including one trade where I was short right before the 0830 news and price … Continue reading →

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6 January 2011 – 0500 EST Session EURUSD Trades

Posted on January 6, 2011 by

Since it is Thursday I was unable to trade because of commitments outside of my office. The 0500 session presented four trades, two were profitable and two were not. At 0525 we got a signal to go short @ 1.3111 … Continue reading →

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5 January 2011 – 0513 EST EURUSD Short

Posted on January 5, 2011 by

I took a short @ 0513 EST @ 1.3253 when price fell below the Novel Channel, below the pivot line. Price bounced up and I exited the short @ 1.3263 for a 10 PIP loss. I tried this short again … Continue reading →

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4 January 2011 – 0911 EST EURUSD Short

Posted on January 4, 2011 by

This short did not work out. I went short @ 1.3394 and should have closed the trade when the TSF bar colors turned blue. Instead I held on for a while longer and lost an additional 11 PIPs. Here is … Continue reading →

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4 January 2011 – 0500 Session EURUSD Trades

Posted on January 4, 2011 by

It was a painful 0500 session for me. Trades 1 and 2 were attempts at several trades long, which did not want to break the resistance on the 4 hour chart and failed. I broke my trading rules in trade … Continue reading →

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29 December 2010 – 0859 EST EURUSD Long

Posted on December 29, 2010 by

Another long signal triggered @ 1.3138 right @ 0859. Price failed to achieve its targets and the trade would have been exited when price fell below the pivot line @ 0952 @ 1.3128. 10 PIP loss (24 PIP loss for … Continue reading →

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29 December 2010 – 0758 EST EURUSD Long

Posted on December 29, 2010 by

Got a long signal @ 1.3138 just before 0800 this morning when price broke above the central pivot line. Price retreated back down below the pivot and we exited at the first sign off trend change @ 1.3130. 8 PIP … Continue reading →

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