We have been lucky over the past few weeks to be able to tell you about our good trade nights, well today we will tell you about a bad one. Personally I was stopped out of both of my trades last night for a 80 pip loss. While it is not pleasant, it’s … Read [...]
Posted in Internet Lounge | Tagged 4506, a, at, back, Forex, look, trading
Last night is what we call a good no trade night. Remember taking no trade is taking a position, and often the safest position. We had several good reasons to take a short position around 1.7360. Unfortunately the market just dropped, all night, never taking the bounce up we look for our … Read More [...]
Posted in Internet Lounge | Tagged 40406, a, at, back, Forex, look, trading
Looking at Friday’s trades reminds me of the importance of multiple technical indictors. When I was writing Friday’s newsletter, I spoke of several indicators, which lead me to believe Cable was going down. Lets review: First we would like to decide if the up swing will continue or not, and looking at the 1 … [...]
Posted in Internet Lounge | Tagged 4306, a, at, back, Forex, look, trading
We are starting to sound like a broken record, but Cable is in a very tight trading range. It is really difficult to make profit targets when the daily range is less then 50 Pips. For most of the day it was less than 40 pips. With that said, once again we … Read More [...]
Posted in Internet Lounge | Tagged 32806, a, at, back, Forex, look, trading
I understand that hindsight is 20/20, but I believe that there is still a great deal to be learned by looking back at Forex trading. Although this article was written ahead of the trading action I am going to discuss, by the time you read this the trading activity which we’re discussing will have already [...]
Posted in Internet Lounge | Tagged 32706, a, at, back, Forex, look, trading
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Posted in Internet Lounge | Tagged back, Expert, getting, oprah, Reveals, Your
Everyone dreams of living in a beautiful house. Once you have the house, you’re often bewildered with different decorating ideas. It’s a good idea to start at the basics. Good flooring forms the foundation of any decorating theme. So it’s vital to get the flooring right. One aspect is selecting the right materials. The various [...]
Posted in Internet Lounge | Tagged back, came, find, flooring, from, show, trade