Limit buy on silver at 32.64, with SL at 33.95 and TP at 26.39.
Yes, I do believe Gold and Silver is going to fall drastically within the next two weeks.
On EU, here's my trade : Short EU
TP 1.26948. SL 1.32448
I do believe in the strength of USD at the moment. Good trading..
Trading Gold and Silver have been my passion. The result of which, I have been poorer than when I first started. Putting a journal to my trading helped in my self control and hopefully, make me a more discipline trader. Everybody deserve a 2nd chance
Wednesday 14 March 2012
I think I found it
Spent the last 2 years working thru' various indicators , I believe I am on track now at not blowing my account any more.
Foremost, among all things, money managment is the king to all success. Without the discipline to trade within the money managment rules, one wrong orders can swipe you off totally.
With proper MM in mind, here are my trades for today:
Short gold stop loss 1721.665 , Take profit 1593.04
Short GBp/USD, SL 1.57483 , TP 1.55895
Short Eur/USD , SL 1.3081 , TP 1.28242
Will see how it unfold,..
Foremost, among all things, money managment is the king to all success. Without the discipline to trade within the money managment rules, one wrong orders can swipe you off totally.
With proper MM in mind, here are my trades for today:
Short gold stop loss 1721.665 , Take profit 1593.04
Short GBp/USD, SL 1.57483 , TP 1.55895
Short Eur/USD , SL 1.3081 , TP 1.28242
Will see how it unfold,..
Sunday 4 March 2012
Today's setup
Hi,..
1) started the day Long on EUR/GBP pair...
Price entered 0.83445
TP 0.83568
SL 0.83305
It's temporary moving up, against the primary trend,..so watch it's quick spike movement,..before possible U turn
1) started the day Long on EUR/GBP pair...
Price entered 0.83445
TP 0.83568
SL 0.83305
It's temporary moving up, against the primary trend,..so watch it's quick spike movement,..before possible U turn
Friday 2 March 2012
I am back
Took a break from posting as I needed some quiet mediation. Needed to understand, why - my love for gold - has hurt my pocket. Has it anything to do with my birthchart ? Took time off to study if , given the info of my birth chart, can I trade gold?
Ya, supertitious you may say,.. I am just curious. It turned out that greenbag is better for me in my trading. Silver and gold is out.
I tested trading without gold for the last 2 weeks and it seems I hv more wins than losses. Performance rate is 70%.
I will update my buy/sell next week. Friday is notorious for it's swing in the currency world,..and I do not wish to be involve.d
Till then.. watch this space !
Ya, supertitious you may say,.. I am just curious. It turned out that greenbag is better for me in my trading. Silver and gold is out.
I tested trading without gold for the last 2 weeks and it seems I hv more wins than losses. Performance rate is 70%.
I will update my buy/sell next week. Friday is notorious for it's swing in the currency world,..and I do not wish to be involve.d
Till then.. watch this space !
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