Squaring my position
Another busy week at work has meant no journal entries until now. The dollar has gained some strength back this week which has made things interesting. Here’s what the chart looks like:
[...]
Colin McGinley's journey of forex trading by a thousand cuts
Another busy week at work has meant no journal entries until now. The dollar has gained some strength back this week which has made things interesting. Here’s what the chart looks like:
[...]
So I’ve been practicing my birthday trades this week. I haven’t been able to keep journal entries due to the mad rush for F.E.A.R. alpha next week, as well as going to see Melissa’s dress rehearsal for ‘Sunday in the park with George’ last night.
I’ve made five entries, with four positive closes so far.
Dirk has [...]
My first birthday trade today. As prices made a small pullback.
[...]
The main focus of this week was reading and digesting Dirk’s STEP 2.3 document on trading tactics.
The most helpful aspect was introducing a method for entering the market to garner regular 30 pip profits. The birthday trades mean that I should place my entries at the 72 and 22 price levels (since my birth year [...]