Thursday, July 28, 2011

EURUSD 26 July 2011















It was quite a good trade.

Place a conservative long when the price traded above ichimoku cloud. Stops loss was place some distant away to get away from stops hunting.

The price action continued to trend up. Places trailing stops. Ended up a good winning trade.

Monday, July 25, 2011

EURUSD 25 July 2011















It was not a very good start for the week. The price action was quite choppy.

I started the trade with a long, but was stopped out. It was followed by a short, but was again stopped out.

A long was reinitiated, shortly after, it was stopped out again.

Another short was initiated, and finally, the price moved downwards gradually.

It was still a loss for the day, but the loss had been greatly minimized by the last trade.

Saturday, July 23, 2011

EURUSD 21 July 2011















It was an easy trade when the price trend.

Long EURUSD during the US timing, as the market trend upwards.

Unwind the position graudaully, and was finally stopped out.

Called it a day thereafter.