EUR/USD 1 lot short @1.4232 exited @1.4113 +11.9 pips
(goal for today was 10 pips)
- why I took this trade: major trend is down on the daily and 30 min., 10/20 EMA was trending downward, RSI 48, and although the MACD was crossed over to the upside the histogram bars where not increasing in length. The entry was just under the 20 EMA and the exit was halfway between the 1.272 and 1.618 fibs. (fib from 1.42013 – 1.44181 on the 30 min)
Sep 08, 2008, 06:12PM PDT | 0 comments
eur/usd short @ 1.43996 out for +5.8
Sep 03, 2008, 01:55AM PDT | 0 comments
eur/usd short @ 1.45721 out for +9.8
Sep 03, 2008, 01:54AM PDT | 0 comments
demo: usd/chf short @ 1.09559 stop @1.09675 limit @1.09489
reason for the trade: daily trend down, 10/20 ema on the 30 min. chart is crossed to the downside, the 38 fib level has resistance on the 30 min. chart. (took the trade @ 9:30am)
limit was hit @ 10:30 am for +7 pips = $63.93
- the 50 fib was broken to the downside by 11:00 am *
38 = 1.09590
50 = 1.09370
.618 = 1.09151
Aug 25, 2008, 07:53AM PDT | 0 comments
Demo traded today, my win was small and my losses large. I have a ways to go until I get this down. (total -269.91 )
Aug 22, 2008, 08:17AM PDT | 2 comments
