Cornix's Forex Trading Journal

Here's an example of today's most profitable EURUSD scalp trade I did:

http://www.cornixforex.com/2011/03/forex-trade-example-march-1.html

 

Hi Cornix

According to pi cycles June is meant to be when risk assets reach a new low and safe haven assets a new high? Will this mean Gold being a safe haven asset? What do you think?

 

I am not very familiar with cycles... And don't hold gold, but am generally bullish on commidities.

 

Took long @ 1.3760 and quickly took 7 pips.

 

EURUSD short @ 1.3762.

 

Stopped out -6 pips.

 

Shorted @ 1.3781.

 

Again stopped out -6 pips.

 

I'm not saying this is the best thing since sliced yet, but I'd buy this for a dollar, excellent results so far even on the 1m timeframe, very consistent. It is based on fibos and harmonic patterns and it is free!

 

Long 1.3871.