ITLFx Foreign Exchange trading: November 2012

Friday 9 November 2012


Hi All
Trade results for today $54 and we also made $22 yesterday after (ECB) Mario Draghi's announcement. Yesterday afternoon trading was quite disappointing really. It just fizzled out and went into accumulation again. So to sum this week up we have made approx $400.

I have 4 days holiday next week too so lets see what we can do with that (-:

Steve

Thursday 8 November 2012

Hi All
Today i have missed the main move of the morning session as i was busy trying to update our Google Doc and lost track of time.
The European Central Banker (Draghi) has a speech this afternoon and the markets usually react in a disorderly fashion to his initial announcement.


For this reason i will be waiting until after his announcement and the dust has settled before entering a trade if any this afternoon.
The image above shows we made another $74 last night.

Steve

Wednesday 7 November 2012


Hi All
As you know i'm off work this week and doing some trading while i'm off.

Monday the market moved really early 7am and i did not get the chance to enter. In the afternoon it just went sideways in an accumulation faze.


Tuesday was really slow and i got fed up watching it go nowhere fast so i exited a trade with a whopping (-:  $4.99 profit.

I entered a trade last night about 1am and when i got up this morning it had hit our target and the auto take profit i set up had been triggered. Making us $266 See screenshot.

Today (Wednesday) we lost $33 I was a bit upset with this one as it was a setup that i look for all of the time and i usually make decent profits from that type of trade. I must have still been asleep to get that one wrong lol. Never mind yo can't win em all.

Steve