Bought Euro/USD at 1.2309 Stop 1.2270 Initial Target 1.2325 Used 2% of capital
Hope everybody is trading well. Right now, I have no open position, but I am considering buying the EURO/USD when it is in 1.2270 to 1.2250 range....
And of course the Euro falls to 1.2267. Need to stay in these trades longer.
but what is the 50/50/30 money mangement system?
Got out at 1.2319 for a gain of 26 pips. Still think it can drop further. But I am going to bed. Early day at the job tomorrow.
You just might want to wait on going long for a little bit
just what we need, a sea going Chernobol. Whoa Euro just droped to 1.2311
I look at the 4 hour, 8 hour and daily to decide direction and type of trading day I might be encountering. I use the 15 and 5 to determine entry....
But I actually just use the free REFCO charts. They sometimes have the anoying habit of locking up ( and when that happens I get immediately out...
Hey, I'm this too. I am just tired of waiting for the Euro to make its move. Incorporating a MA really helped. Thanks for the info.
For the last three months it stands at somewhere over 70% for winners to losers. I have been doing pretty well so far with about 8 winners in row....
My quality rating goes something like this. If there is a major news announcement coming out, I will use 2% because you can never be sure...
I bounce between my trading platform and ET quite frequently. I usually make my order first then type up my post, so there is probably a few...
Well, when I was first putting this journal together I wasn't quite sure of the format I wanted to use. That is why you see some variation...
Okay, it didn't come anywhere close to 1.2260 while I was away. Right now, I am selling the Euro at 1.2345 with my initial target at 1.230. I...
Go to Moneytec. They pretty much have all the info you need. Just look them up on Google.
Closing out position at 1.2336 for a gain of 25 pips. My feeling is that we will see it go lower into 1.2260,but I don't have the tome right now...
As suspected, the Euro did hit 1.24 ( I need to be more confident in my trades). Feeling that it is in range for a while, I am selling the...
Very Tired. Got out at 1.2343 for a very respectable 58 pip gain. Going to bed and good trading to all.
Just Broke 1.2350. New Target is 1.240. Stop is now 1.2335
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