trading

A Look Back At Forex Trading – 4/13/06

Hollywood made a movie about this market last year. It was about a couple of friends going to the Napa Valley for a wine tasting tour. ” Sideways”. Consolidation continues with trading in the established range.
This has been a brutally tough market to make money in, but with patience and preparation, there are [...]

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A Look Back At Forex Trading – 4/11/2006

It’s nights like last night that make all the analysis worthwhile. Although, trading should be completely unemotional, I am sure that we all feel that little boost of confidence when we nail a trade perfectly.
Both our entry and exit were within 10 pips of the high and the low respectively. Feel free to surf the [...]

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A Look Back At Forex Trading – 4/10/06

Well, another week of chart watching is coming up. I look forward to nailing these support and resistance levels again.
As I will discuss later, it is important not to be lulled into a state of laziness due to the fact that we are near the same price levels again.
Every night presents new support and resistance [...]

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A Look Back At Forex Trading – 4/7/06

We will once again look to the super resistance level @ 1.7600, to protect our trades. We took an aggressive look last night, on split sentiment amongst ourselves, and as usual the less aggressive or more conservative traders won the day.
They won the day big, some of them captured 120 pips last [...]

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A Look Back At Forex Trading – 4/5/06

We have been lucky over the past few weeks to be able to tell you about our good trade nights, well today we will tell you about a bad one. Personally I was stopped out of both of my trades last night for a 80 pip loss.
While it is not pleasant, it’s [...]

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