It was a very difficult morning this morning with no clear direction in the currency pairs we normally trade in the www.fx500club.com Live Trading Room Online trading school.
I searched all my charts on the 5 minute timeframe and could only find one possible setup using my bunched moving averages strategy. It was the euro gbp [...]
One thing I have learned about trading is that you NEVER STOP LEARNING. I hate sitting around wasting time looking at charts all day, it’s also not so good for your profitability because if you have to search for trades then mistakes get made, best to get in and out quick, have a plan and trade [...]
Today is Wednesday July 1st 2009 and I am still holding this trade I took yesterday evening, in fact I have added to the trade after taking some profits and then letting it retrace.
Yesterday morning was a slow start with no clear setups but once the US markets opened the direction became clearer, I took USD [...]