Registered: Jul 2004
Posts: 183

EURUSD 08 Aug 2011

Another good start to the week. Did not trade during the last 3 trading days due to appointments

Placed a stop in order, the price triggered and got into position.

Price action was against the position initially, but turned along with the tide subsequently.

Price continued to lower. Gradually reduced the position and closed out when price went abve the cloud.

eurusd ichimoku forex 08aug2011-1-2.jpg
This has been downloaded 120 time(s).

Registered: Jul 2004
Posts: 183

EURUSD 15 August 2011

Was away for business trip in China for last week.

It was a slow day with not much volatility.

The price was already trading above the cloud. Went long when the price traded up. Some retracement thereafter. The price continued to trend upwards. Closed out half the position initially and closed out the remaining when the price traded below the cloud.

eurusd ichimoku forex singapore fx trading 15aug2011-1-3.jpg
This has been downloaded 110 time(s).

Registered: Jul 2004
Posts: 183

EURUSD 16 Aug 2011

Entered a long position as the price traded up.

Retracement was significantly more than expected, wind down half of the position prior to stop loss level.

Market moved higher there after. The rally was short lived. Was stopped out eventually.

Ended the day near breakeven.

eurusd ichimoku forex singapore fx trading 16aug2011-1-2.jpg
This has been downloaded 86 time(s).

Registered: Jul 2004
Posts: 183

EURUSD 17 Aug 2011

Another day of choppiness.
Placed a stop-in order for a short position. Price got triggered. Market turned around and closed out.
Placed a stop-in order for a long position thereafter. Price got triggered. No momentum in the rally. Position closed out.
Ended the day with small losses.

eurusd ichimoku forex singapore fx trading 17aug2011-1-2.jpg
This has been downloaded 96 time(s).

Registered: Jul 2004
Posts: 183

EURUSD 18 Aug 2011

The day did not start well.

Went long the first trade. Price action reversed. Postion closed out.

Went short accordingly to the trade plan.

Add on short position accordingly.

Price action followed through.

Position stopped out at 2 price level.

Good profit for the day.

eurusd ichimoku forex singapore fx trading 18aug2011-1-3.jpg
This has been downloaded 101 time(s).

Registered: Jul 2004
Posts: 183

EURUSD 19 Aug 2011

It was a very slow day.

Entered an order to long. Price triggered stop in long position.

Price was consolidation for hour. Closed the position.

At this moment, the price had moved upwards in favour of the "closed" long position.

Nevertheless, its in the plan to close out the position. There is always another for you to trade.

eurusd ichimoku forex singapore fx trading 19aug2011-1-1.jpg
This has been downloaded 83 time(s).

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