Hello traders my first trade of the week is going to be Gbp/Jpy. The pair has been moving lower all day today and is not approaching some heavy support around the 134.00 area... Read more »
Forex Trading Journal: 1hr Triple Top
There is a triple resistance point on the Gbp/Usd seems to be holding at this time and there is a 1hr setup. I will let the charts speak to you about the setup. Read more »
Forex Trading Journal: Last Nights Trade Results
The Eur/Usd had a tremendous up move yesterday running up 11 hours straight. I thought that would be a good time to short the pair once the pair started to drop. I entered short and the price dropped about 30 pips and I moved my stop loss to break even. Read more »
Forex Trading Journal: Eur/Usd Decision Area
The Eur/Usd has moved up a large amount and the buying momentum has been increasing. However this pair is still in a long term down trend so the bigger a bounce we get the better opportunity for a tremendous short trade will be. Read more »
Forex Trading Journal: Trade Update and New Trade Setup
This was a great trade because there were some lessons to be learned and now we all get to learn. I know that it sounds crazy but yes a losing trade was a great trade. Hey, if you learn something that will help you make money that is a good thing right. I actually made the right call but once again the execution was poor so So lets take a look at the lessons learned: Read more »
Forex Trading Journal: Trade Setup June 11
Hello every one we have a potential long setup in the Gbp/Jpy for todays forex trading journal. As I write this article I am watching the Gbp/Jpy touch the upward trend line. we have had some strong bullish momentum in the last few days Read more »
Forex Trading Journal: Trading Log
This Forex trading journal has been all about a trading log. Today I was asked by several people about what type of trading software I use. So I am going to show a video of the software and also how I use it. First I am going to do an update of todays trades. I made 21 pips and 50 pips on the Eur/Usd and Gbp/Jpy short trades. Read more »
Forex Trading Journal:Eur/Usd and Gbp/Jpy
Hello traders once again for another addition of the Forex Trading Journal. It was great to have you on board posting your trades and following along. I don't have any idea how many people are following along so your comments let me know that people are interested and would like me to continue with the forex trading journal. Read more »
Forex Trading Journal: Buying and Selling
Several people have asked how I find my signals. I am going to give a basic introduction here in this post as well as review the last trade and also find a new trade. There is a great deal of information to follow here please be ready to ask questions if you have any or if I forgot something. Don't forget to follow me on Twitter, I will have more info about twitter usage in the next post. Read more »
Forex Trading Journal: Recap and New Trade
That is why it is critical that you follow me on Twitter because of the fast pace of the market I can't always update on time. Anyways let me start with the recap. Read more »