ForexSpirit

Tuesday was a bread and butter trading day. There were no hiccups or surprises that I had to deal with and all my entry points worked out well.
Six of the ten trades were on EUR/USD so I was definitely most in sync with this currency pair.
I still had one trade in EUR/JPY open [...]

So it is only fitting that the EUR/JPY trade that I left on over the weekend hit its disaster stop loss in early London trading.
The equity markets had an up day, supposedly on Obama’s plans for huge investments in infrastructure next year. I should have better perceived this sort of market reaction [...]

The huge 533,000 job loss figure from this morning’s NFP was the big talking point of the day. Even though there were supposedly whisper numbers of a potential 450,000 or half a million figure (versus the expectation of a negative 320,000) there was still an audible gasp on the trading floor in Chicago when [...]

My overriding feeling after taking 8 trades today is that I didn’t trade enough.
I missed shorting EUR/USD at 1.2850 by a pip or two. In retrospect it would have been better to short GBP/USD at 1.4800 around the same time.
I didn’t trade the correction of the big move made in the morning. A [...]

November contained enough trading data for me to consider parsing some statistics.
I traded for the whole month using the scalping approach I have adopted since early October. All trades were taken in a demo account.
I used a fixed lot size for the duration of the month that was based on 3:1 gearing of my [...]