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A Look Back At Forex Trading – 4/11/2006
It’s nights like last night that make all the analysis worthwhile. Although, trading should be completely unemotional, I am sure that we all feel that little boost of confidence when we nail a trade perfectly. Both our entry and exit were within 10 pips of the high and the low respectively. Feel free to surf [...]
A Look Back At Forex Trading – 4/10/06
Well, another week of chart watching is coming up. I look forward to nailing these support and resistance levels again. As I will discuss later, it is important not to be lulled into a state of laziness due to the fact that we are near the same price levels again. Every night presents new support [...]
A Look Back At Forex Trading – 4/7/06
We will once again look to the super resistance level @ 1.7600, to protect our trades. We took an aggressive look last night, on split sentiment amongst ourselves, and as usual the less aggressive or more conservative traders won the day. They won the day big, some of them captured 120 pips last night, while [...]
A Look Back At Forex Trading – 4/5/06
We have been lucky over the past few weeks to be able to tell you about our good trade nights, well today we will tell you about a bad one. Personally I was stopped out of both of my trades last night for a 80 pip loss. While it is not pleasant, it’s a fact [...]