Nothing Again!

Nothing to report - it's Forex trading, hopefully we'll get something tomorrow because it's off on Friday

Nothing

Nothing to report today, I think all the action happened between sessions.

www.purplepatchforex.co.uk

A couple to start with.

Expecting News at 12.30 I didn't pay attention until 12:35 when I realised I hadn't changed the clock on Forexfactory, what a div! Anyway just over 2 PIPS to start the week off, market went really jumpy after 1, so I stopped.


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Karma Chameleons

10 minutes trading this morning! 7 PIPS, that never happens, well obviously it does 'cos it just did, the Forex Karma must be with me, but just remember it can so easily change!

So what's that for the week, I'll call it 20 it's close enough, a very pleasing 6%+ return, back of the net methinks.

http://www.purplepatchforex.co.uk

3 More PIPS

Just over 3 pips on the NY open, I think I'll trade tomorrow, I don't normally, but it's been one of those weeks when trading conditions have been good, but difficult to nail some opportunities, so the conditions may still be good, and opportunities might arise.

15 Minutes Today

There was only a small trading window today with all the news this morning, I snuck in 2 PIPS before the Budget speech.

www.purplepatchforex.co.uk

Lost a half Gained a PIP

A loser, when you get slippage, there's nothing you can do about it, it's a fact of trading, so I lost a PIP, but I had another trade and got a pip, the market was good but not that good. Nothing Ventured nothing gained, and more important NOTHING LOST.

www.purplepatchforex.co.uk

No BUT Yes!

No trades this morning, but it bodes very well for this week, some good volatility, good movements, it's been a while since I've seen such activity, hopefully it'll end up a very profitable week.

Note to 'newbies' markets like this morning can be really tough for the inexperienced, the market seems to move but you just didn't manage to get in, I think if I was a little sharper this morning I could have been 9 PIPS up, but you have to think, when it's gone, it's gone.

What a great little session

Had 2 trades 0.9 PIPS and 4.8 PIPS, that's the best start to the week for a long while.

15 PIPS for the week

No trades today, a little disappointing  not to have another one to go nicely above my averageish since it's been well below recently, but not to worry, it's a good return over 4% this week.

And Another

Another 4 PIPS or so, it's looking pretty good this week.

http://www.purplepatchforex.co.uk/

Heading for a good week

Another nice little trade this morning 2.7 PIPS, looking to be quite a good week, about time an' all, this is what can make it so difficult for beginners, I have had nearly 3 weeks with nearly nothing for one reason and another, until you accept that this is what trading is like you will find it hard to be consistent.

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A pair of 4s!

Well not quite but a 3.9 and a 4.2, a handy session, didn't trade until 12:40 because of the News, then 2 trades in half an hour - things are looking up.

www.purplepatchforex.co.uk

No Trades

Spread didn't tighten this morning and the market behaved like it normally does when it doesn't - if you get my drift - a bit jumpy.

Patience Pays, it's been a while since I had a decent trade, but sometimes you have to be prepared for a month of it, and then at a drop of a hat your getting loads in every week. Wait for the market.

No trades

No trades today.

My View on FOREX Scams

http://forums.babypips.com/newbie-island/31975-how-spot-forex-scams-4.html#post178544

Computer Malfunction

Well that was an eventful session, at least it was for me, don't know what happened, my broadband, the computer or both went mad, oh well, there's no way I'll trade tomorrow, I'll wait till I've got  fresh and clear mind for Monday NY open.

What a slow week.

Spread opened from 2.4 to 4 pips, it went back, but I never trade when I see anything untoward.

Quiet again

No trade, I'm sure that's the quietest Wednesday afternoon sessions for awhile, even after bearing in mind that it's quiet on the news front as it it normally for the first full week of the month.

A little frustrating this morning

I'm pretty sure I just missed out today, 6 - 7 PIPS were on offer, but then again if in doubt stay out, I've still got my cash, my psychology videos on the website was a great help to stop that 'regret' thing going on and accept it's all part of trading, for heavens sake how much profit do you expect to make, and do you really expect to be able to trade every single move you see!!?

http://www.purplepatchforex.co.uk/

An uneventful day.

This morning was extremely quiet from my point of view, had 1.7 pips on the N.Y. open.

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No trades

Only traded the NY open, no trades today.

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AAAAARRRRRRRRRRRGGGGGGGGG a Loss!

Well that used to be the case, but now it's a -0.1, that is one of the key things that I found so hard to do with this strategy, if it stalls just get out, I actually think I was a little to impatient this morning, but no major problems, finish the week now, back refreshed on Monday Afternoon.

For the week a total of 10 pips(ish) 3%ish, could have been better this week really, my concentration levels haven't been what they are normally.

http://www.purplepatchforex.co.uk/

No Trades

All the News buggered up that session today, will trade tommorrow,

www.purplepatchforex.co.uk

Patience Pays

I'm sure I missed a nice opportunity to get about 4 PIPS this morning, but as I say - If in doubt stay out, it may go right this morning but we don't want to be doing stuff that may or may not turn out, in the end I had  PIP a little later.

www.purplepatchforex.co.uk

Best for a while!

Had 6.7 PIPS, will cut my session short and reward myself with the rest of the day off from trading, less than an hour for both sessions today and a total of  8ish, half way through the week and halfway where I like to get, I do have a target, but I don't aim for it.

www.purplepatchforex.co.uk

Just the One

1  PIP this morning, and I was pretty sharp to get it, you do need mega high levels of concentration for the small amount of time you're trading.

Two and a Half

Yes 2.5 pips, first trade of the week, a real easy one to identify, we could well be in for some great trading conditions for this strategy over the next few weeks if the pound keeps dropping.

When, how and by how much does not concern me at all, all i know is that a good trend provides great trading conditions for what I do without having to worry about where to get in and out etc etc etc.

www.purplepatchforex.co.uk

A quiet start to the week?

Well, spreads were a little higher on Oanda today, surely a sign of tighter liquidity, the start of the next dip of the recession, who knows?

Did not trade, when things change, I sit it out a session  and observe, just a case of being cautious.