Jdtrader - day trading

Have a good weekend all

I'm coming back Monday a more disciplined Trader. I still won't be able to trade everyday during these busy times at work but when I do I'll target 4% profit.

Feeling confident now I can be a winning trader from now on, £14 to $60,000 lol well we will see........
 
The Wall Street Crash

Have the banks learnt anything from histroy ?

Friday 23 Oct 2009 the UK GDP is worse than expected and the GBP free falls.

23 Oct 1929 the market starts to free fall, 80 years on are we about to see a another October free fall over all of todays markets ?

Stocks rose on Friday and most FX fell so is the stocks lagging and could we see them fall to on the Monday open in the UK ?

Asia open this week will be an interesting open to watch I think.

Just to remind us all of the 1929 crash I have posted the Documentry..............

http://www.youtube.com/watch?v=dDbsd0Wpc7w

http://www.youtube.com/watch?v=K_achc6nm08

http://www.youtube.com/watch?v=0zx3PdXY3e8

http://www.youtube.com/watch?v=RejXTih-sUk

http://www.youtube.com/watch?v=aLVMTDW6sTg

http://www.youtube.com/watch?v=lY1lXVm9BD0

http://www.youtube.com/watch?v=ZpHPg-ddIps

http://www.youtube.com/watch?v=NIBDVH8fRqc

http://www.youtube.com/watch?v=nWyygiyPbdA

http://www.youtube.com/watch?v=QUDPmHKbpXE

http://www.youtube.com/watch?v=WtPMie3lVrY
 
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Monday 26th Oct 2009

Morning Traders

GBP/USD

Looking for direction this morning, looking for breaks of 1.6325/1.6250

OPEN £15.58
 
Dude ?

Yes I'm back lol

Been away from trading, long story but been dipping my toe back in the pond the last few days.

My Oanda account is now at £2.45 lol

Selling some stuff on eBay so will be funding account AGAIN lol.

WATCH THIS SPACE
 
Confussed :confused:
GBP/USD
Yesterday - Bad News, went up ?
Today - Good News, went down ?

Well kept to my losing strategy of working from what the chart tells me. :LOL:

The week high was 1.5430 so when it bounced at 1.5435 put in a SELL @1.5435 it ten fell to 1.5380 and bounced to rise again. Locked in profit at 1.5396 which just hit as I'm typing this post.

Waiting for next entry

So with a balance so low (now £2.70) I'm trading 100% of the account using three charts
1min, 5min, 15min

Also looking st the 1 & 3hour charts before I trade for the day.

Just missed while doing this post the re bounce on 1.5380 for a buy signal so missed trade lets see where it goes
 
Missed taking a scratch here as I think its going to bust this line as its dipped lower than 5380 and lower higher so will scatch if I can stop loss on Buy 5370
 
Ok took a loss closed it out for a SELL at 1.5374

Oh dear should of held on could of got a scratch, holding on to my SELL at 1.5374 stop at 1.5400
 
Whipsawing 1.5389 - 1.5370

Got to go to work soon so got a stop in at 1.5440 and take profit at 1.5330 which if hit brings account to £3.00 lol
 
Well back again guys and on a mission to get into Forex Profit

Blew my Oanda account down to 92pence thats UK sterling £0.92

Added £20 to the account yesterday to £20.92 and quickly went down to just above £16 and I thought here we go bit I was not trading but gambling lol

Today sat tight and scalped my way to profit to £23+ not bad at these micro stakes I think but lets not make this a one day wonder but a slow grind up to profit
 
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