i'd like to share more details about my trading. i trade in my spare time and i don't have much time monitoring the market,so day trade does not fit me. i use daily chart for several reasons：1、reduce the frequency of my trading ； 2、pay less commisions； 3、filter the random movement of price； 4、save my time and make trade easier；5、win more pips.
i try to enter the market at the beginning of trend, and sometime in the middle of a trend if i think it's strong enough.
i dont know if i have made myself clear enough with my poor english. but let me know what you think.
i try to enter the market at the beginning of trend, and sometime in the middle of a trend if i think it's strong enough.
i dont know if i have made myself clear enough with my poor english. but let me know what you think.
Forexmospherian
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Well Done xiaoci 168 on your first 2 trades - especially the Gbp /Nzd Sell ;-)
I get the feeling you know what you are doing ;-)
Good luck with your trading and your journal
Regards
F
I get the feeling you know what you are doing ;-)
Good luck with your trading and your journal
Regards
F
thanks
it's nice to earn some pips; but it's much better to share this feeling with someone who is willing to discuss the trading with me.
i am just doing my trade very carefully because i cant afford a huge loss of money;
and maybe you're right to say that i know what i am doing, because i have developed a method to analsyse the movement of price and i hope it will work well in the future;
Good luck with your trading and your journal too;
Regards
Hello,Forexmospherian.
it's nice to earn some pips; but it's much better to share this feeling with someone who is willing to discuss the trading with me.
i am just doing my trade very carefully because i cant afford a huge loss of money;
and maybe you're right to say that i know what i am doing, because i have developed a method to analsyse the movement of price and i hope it will work well in the future;
Good luck with your trading and your journal too;
Regards
move the stop
moved the stop to 93.50 ——the break even point when the price was at about 98.18 on 09:50pm(Beijing Time);
moved the stop to 93.50 ——the break even point when the price was at about 98.18 on 09:50pm(Beijing Time);
move stop lower
and sorry for the printing mistake i made in the last reply.
the numbers should have been
0.9350 and 0.9318 instead of 93.50 and 98.18
move the stop again to 0.9305 to lock up some 51 pipsmoved the stop to 93.50 ——the break even point when the price was at about 98.18 on 09:50pm(Beijing Time);
and sorry for the printing mistake i made in the last reply.
the numbers should have been
0.9350 and 0.9318 instead of 93.50 and 98.18
