My real time forex trades

Discussion in 'Journals' started by TMcKenna, May 9, 2006.

  1. No, I don't have any stop, don't need it. Where ever I put the stop it would be "the top" :mad:

    If the yen weakness turns out to be a topic at g7 there will be sharp slide down in usd/jpy. If not, then nothing, nothing new.
    BOJ is taking lots of crap from everybody already for letting yen turn into garbage, they will intervene!!!

    Watch your screen until the last minute of trading today, we might see some profit taking in yen short positions.
     
    #151     Feb 9, 2007
  2. Closed at 157.94 for +27 pips
     
    #152     Feb 12, 2007
  3. Closed at 1.5184 for +89 pips :)
     
    #153     Feb 12, 2007
  4. Closed at 0.6663 for +6 pips, don't like pound here
     
    #154     Feb 12, 2007
  5. Long usd/cad at 1.1758 one standard lot, for now
     
    #155     Feb 12, 2007
  6. Shorted eur/gbp at 0.6697
     
    #156     Feb 13, 2007

  7. Closed at 121.28 for +39 pips

    :)
     
    #157     Feb 13, 2007
  8. Shorted gbp/usd at 1.9503
    I'll try not to make the same mistake as I did last time, second part of this trade will be enterred way above here, close to 1.98 or so..
     
    #158     Feb 19, 2007
  9. Short one more lot 1.6268

    Avg short now 1.6139

    Target 1.6039
     
    #159     Feb 22, 2007
  10. Shorted eur/jpy 158.92 one lot.

    I can't remember how many times I shorted this pair, first started around 148.00 and every one of them was winner.
    However, If I went long at 148.00 and held the position until now my profit would have been at least 5 times better:(
    Lousy trader I am.

    Probably something to do with psychology... I just can't buy anything at 1000 years high, just can't.
    At 1.40 many thought eur/jpy was overvalued by at least 20%, and how about now? We are closing to 1.60.
    Lousy trader I am.
     
    #160     Feb 22, 2007