Wednesday, April 14, 2010

And with that!

2 PIPS for me this morning, but I was a little too cautious maybe, could easily have had a pile, but there you go.

In the last few months I think I've covered most scenarios of trading with this strategy and I hope it will help all of you that decide to take this approach.

And so it is getting a bit tedious posting things like I had 2 pips, I had 7 pips on a regular basis, there is no analysis to do as such, so I won't be posting regularly from now on, but any points of interest that may be useful I will.

Thanks for your interest in Purple Patch Forex www.purplepatchforex.co.uk

Monday, April 12, 2010

Not On

Easy trading today, the market was just too jumpy, so nothing doing.

Wednesday, April 7, 2010

STOP!

I hate Easter! I had a 0.7 PIP and a loss of 3 - BAD, totally bad, it's the long break, so that makes me near as damn it to break even this week, I've been here before, but for the first time this year, I'm suspending live trading until next week.

Spreads have been tighter on Oanda in the morning sooner but today it was wider at lunchtime, this means something is different, and I should have sat it out, especially after the poor trading I did yesterday, I was just not happy with it at all.

Anyway, been here before, stop trading, and Practice what I preach, and practice practice practice, so I'll be on my simulator until next week.

So next update will be next week, when I will have re-honed my skill and be ready to go again.

Tuesday, April 6, 2010

Must Do Better

Nice big moves his morning, they may not have been tradeable but I didn't feel my concentration levels quite there this morning so I think I probably missed out, it'll be because of the long weekend, so made nearly 1 this morning, then lost nearly 1, and finished with nearly 3!

Thursday, April 1, 2010

Bargain

A really Odd day, But GOOD!

0.5 and 0.2 this morning, this is a big part of this strategy, any hesitation in the move come out.

Another 0.2 and then 10+ this NY session.

I'm quite happy with that, makes nearly 4% on the week (loosely calculated)

http://www.purplepatchforex.co.uk