We will once again look to the super resistance level @ 1.7600, to protect our trades. We took an aggressive look last night, on split sentiment amongst ourselves, and as usual the less aggressive or more conservative traders won the day.
They won the day big, some of them captured 120 pips last [...]
Posted in Blog | Tagged 4706, a, at, back, forex, look, trading
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 [...]
Posted in Blog | 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 [...]
Posted in Blog | 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 Blog | Tagged 4306, a, at, back, forex, look, trading
Being able to afford a home, living in a place that is too small for your family, keeping up with monthly payments, having an unexpected expense, running out of money for food, clothing, medical care, or activities: these worries affect your wallet and your health.
Financial stress eats at many people, and how they cope with [...]
Posted in Blog | Tagged at, dont, eat, financial, let, stress, you
Do you want to have a year-round tan without having to travel to the beach? Hate going to the salon only to find you have to wait in line despite a set appointment time? If so, maybe you should consider buying your own home tanning bed.
Home tanning beds are ideal for those who spend a [...]
Posted in Blog | Tagged and, at, home, money, salon, saves, tanning, time
