Thursday, July 21, 2011

EURUSD 20 July 2011 Trade















Greed and Fear knocked on my door. Did not have a good trade. Ended with a loss. Switched off computer and called it a day.

Wednesday, July 20, 2011

EURUSD 19 July 2011 Trade 2















This was another trade for the day.

As from the chart, when the price cut Kumo cloud from above, took short position just below the kumo cloud.

The position was closed out gradually. All position closed out when the price retraced back to below Kumo cloud later.

Tuesday, July 19, 2011

EURUSD 19 JULY 2011 Trade 1















As from the chart, a stop order was filled for EURUSD @ 1.4155. The position was subsequently.

The position was unwind gradually when the price traded up. This is a good trade with the price escalation shortly when the stop entry was triggered.

The position was closed out completely when the price traded below the Kumo cloud.