Friday’s Currency trade

November 10, 2007 – 7:49 am

My EUR/USD long orders were triggered. It was so near to hit my first profit target when it made new high. But, well, so near yet so far. I closed the position before U.S trade balance announcement , since the positions were not going anywhere and I know ‘the broker’ that I used will widen the spread. End the day with -1.75R.

Weekly Update of my trading challenge: Week 1
This week, I was only focusing in Forex day trading. I don’t see too much opportunity in Aussie stocks trading at the moment. My brokers issue is settled soon, I hope to start index CFD trading 2 weeks later. So far, the portfolio grows +2.182%.

Here is the…..CHART!

From the desk of Tradergav.com


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    3 Comments »

    Comment by xiaozhong lu Subscribed to comments via email
    2007-11-10 10:56:15

    It looks really capricious,Just a up trend,suddenly
    became a down trend. Then the most important point should be the S/L

    Comment by Gav Subscribed to comments via email
    2007-11-10 15:37:58

    That’s trading. You’ll never know what’s gonna happen next. No sure thing in this market. Just remember to protect yourself.

     
     
    Comment by Another Brian
    2007-12-29 09:22:59

    I got caught in the same down turn. Good thing I had the protection set up.

     
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