Forex Trading

ok, update, sorry couldnt do this on Friday but was busy as hell.

eurchf stop was moved to 1.5425 which was hit and taken out for -100 pips.

usdcad went to over +500 at one point so the trailing stop kicked in (500 pip trailer) - stop is currently 1.2507 locking in an amazing 33 pips lol.

so far the month has done fuck all worth bothering with. some will be saying - "yes, but if you had taken say 200 pips on each trade then you would be well up now" and yes, i would - but i dont trade that way - all i want is one good trade a month that makes say 1000 pips and i'm made - to find that one trade takes some shit shovelling.

so far weve had lots of minuses for a couple of hunreds and a few wins which matches em up

Closed Results +2594 Pips since Oct 23rd 2008.

This Month -35 Pips on closed trades

I dont sit here all day watching the markets - I have other businesses that i'm in to and so only trade for prob an hour a day and then just leave em alone.

Now, usdcad could go for new highs and properley break the top - i'll be having a good look in the next day or so and might start moving the stop up closer -0 lets see how it unfolds. currently +250

I note that it's now 87p for a euro - thanks a bunch Gordon Brown you fuckwit. he thinks that a weak pound will spur the recovery from imports - oi thicko!! they don't have any money abroad either you thick scottish twat!

anyway,

NEW TRADE SHORT CADCHF@0.9574 SL 0.9720 -nice low risk trade - retrace from the downtrend on friday leaving it at a clearly identifiable resistance level to short.

another interesting one - even tho i got stopped out of this on Friday im back in

EURCHF short from the open on @ 1.5529 and a 100 pip stop - some serious resistance around here and i still see a downtrend so still worth a punt.

Nothing else interesting - stay lucky!