Tuesday, May 26, 2009
Friday, May 22, 2009
Thursday, May 21, 2009
Wednesday, May 20, 2009
Tuesday, May 19, 2009
Monday, May 18, 2009
Thursday, May 14, 2009
Wednesday, May 13, 2009
Well as some of you may have noticed this has not been the best week or two for me. This is pretty typical whenever I up my trading size :P
Tomorrow I will go back down to 40k lots until I get back in line with the market pace. This isn't October after all.
-25 pips on 50k.
Posted by Lord Tedders at 6:33 PM
Tuesday, May 12, 2009
Had a nice Mother's Day with the folks, and didn't do any trading on Friday or yesterday.
Not much to report this morning. Despite some tepid news events, the overall pace and volatility of the market is way down even from a few weeks ago.
-15 pips on 50k.
Posted by Lord Tedders at 7:00 AM
Thursday, May 7, 2009
This morning was a classic example of a day where there was lots of news but little conviction. At least early on.
First trade went back to breakeven as the spread widened me out of my stop. Second trade never had a chance to go anywhere. Took some profits on my third trade and still holding for the next value area. We'll see where it gets to.
Closed positions -5 pips on 60k. Still have 1 20k trade open short.
Posted by Lord Tedders at 7:17 AM
Wednesday, May 6, 2009
Sometimes the patience pays off and sometimes it doesn't. First trade cracked through resistance on the 15 min chart and just hung out for about 45 minutes. That should have been telling me something. Funny thing was it missed my first target (which would have scratched the trade overall) by 1 pip. Yep now that's luck :)
Second trade was no waiting around and a nice reversal play. Unfortunately it moved so fast there was nowhere to add to my position.
Overall +9.5 pips on 50k
Posted by Lord Tedders at 7:09 AM
Tuesday, May 5, 2009
Monday, May 4, 2009
Forgot to post this morning's trade. Fading the extreme of the downtrend. Watched the trend reverse and move up from there. Thinking more and more about how I might be able to capture this trend moves more effectively in some fashion. I guess I can't just be a countertrend trader :P
+15 on 37k
Posted by Lord Tedders at 12:15 PM
Friday, May 1, 2009
Yep. What's even funnier is that I had looked at Forex Factory's calendar earlier in the day. Says bank holiday right on it!
On the plus side I got great service from my Oanda rep in live chat. I couldn't figure out why my positions weren't updating in real time! The outrage :P
Still managed to squeak out of the holiday with +6 pips in 37k hehe.
Overall end of the week is +53 pips on 37k or about $200. Planning on upping my size soon so I can hit the dollar targets in my weekly goals. For such a slow week I'm pleased with these results.
Posted by Lord Tedders at 6:15 AM