OK, I am a modern slave, though people hire me as a project consultant. I was called by a project director to help out in a project for ten working days or so (btw, I left the project last Friday 🙂 ). Since I have a little free time, I thought it is a good […]
Trading Journal
Good ol lover is back
I was flipping through my old SIMSCI futures trading journal, and checking out Asian futures market. It looks like my old time favorite is back. I see opportunities appear in SIMSCI futures again. I am getting my account ready soon, since I have a little bit free time now. Here is the ….CHART! [photopress:simsci15min.JPG,full,alignleft]
Monday’s currency trade
I was looking at GBP/CHF with an opinion of weak GBP. I shorted GBP/CHF during the first pull back after breaking out from the range. But well, it did not work out as my initial thought. Exit the trade with -0.47 R. -27 pips. I found it to be a bit more difficult to find […]
Wednesday’s currency trade
I made some money today. However, I did not make good trade. I got one late entry of USD/CHF, which I closed the position with +12 pips. EUR/USD is a better trade, first target was hit, I closed half of my positions, but I failed to let the another half run, I was affected by […]
Effective Cost Technique
[Update 2021]: This post was written back in 2007 November. Unfortunately, the original webinar has been removed and I guess the presenter is no longer with FXstreet as well. I have managed to find the presentation slides here. Hope it helps. Tony Juste from Fxstreet.com posted a presentation on money management in the forum of […]
My EUR/USD long orders were triggered. It was so near to hit my first profit target when it made new high. But, well, so near yet so far. I closed the position before U.S trade balance announcement , since the positions were not going anywhere and I know ‘the broker’ that I used will widen […]
