Recent content by hxcjf

Well, the EUR/GBP did exactly as I thought it would. GBP weakness hit, but unfortunately, Bernanke's comments shook me out of the trade for a 6 pip loss. Then it proceeded to rocket up on ECB comments and a .5% unemployment rise. ARGH! :mad: Such is the life of a trader. If I were to do it...

EUR/GBP movin' Well, the EUR/GBP trade is playing out like clockwork. I got in at the market at .7885 with a 50 pip TS and market is now at .7900 after making a new high of .7927. Pound fell back inside a bearish daily channel after three bad news items came back, and now only the 50%...

True, some of the technicals seem to be bullish for the cable, and it might go up in the short term, but overall, it feels kind of heavy to me. If I traded the 1.9840 resistance short, it would be with a 25 pip stop and 50 pip target. I'm not ready to actually short the pound against the...

Upcoming potential trades Ok, after a bullish uptick after the end of the week, I am liking a buy at 1.5500 on the EUR/USD just like two weeks ago. Also, there is some pretty hardcore resistance on the GBP/USD at 1.9840 that could be worth shorting as well. But my favorite setup of the week...

Trade 2 My next buy was at 1.5700, as price was still buoyant, and it went my way for about 50 pips, then dropped like a rock on bad news. I then got in again where I was stopped out after it went a ways past my stop, but then it dropped hard and I exited manually after losing eighty pips...

First trade This trade was taken on retracement to 1.5500 after a wedge break. There was a decided bullish candle that closed outside the triangle at the end of the week, and very strong support at 1.5450 and so I bought at 1.5500 with a 100 pip trailing stop. I added in at 1.5700 on two...

I will keep track of my trades in this journal in the interest of keeping a historical record and hopefully to receive some good input from other experienced traders. In a year of forex trading I have had the most success on medium term trend trades with the Euro, cable, and swiss, so I am...

Hey everyone I look forward to comparing notes with other forex traders out there. It's the best business in the world!