I had an exam today, but I got home earlier and put on the first trade at 10:45 GMT. Last one was at 15:19 GMT, when I decided to take the day off. So that’s almost 5 hours of trading, in which I earned 120 pips. I still have problems with letting profits run, though. I could have easily taken between 200 and 300 pips in total, but I closed early on most trades. Anyway, that’s still an awsome score. Imagine taking 100 pips per day each day. That’s 2000 pips in a month.

Well, this was a very good day and I’m looking forward for tomorrow. Hope you had a good trading day.

Cheers!

EURUSD trades for Jan. 6th, 2009

Hope you had a good day!

Cheers!

EURUSD short based on H1 pin bar, trend and consolidation

So +60 pips today. I’m gonna go learn for my exam now. Hope you had a good day.

Cheers!

PS: I now have made 258 pips in less than 2 weeks of trading and that’s more than nice for a newb like me

Here’s a nice pin-bar reversal trade I took on EURUSD today:

EURUSD H1 pin bar trade

If you need more explanation about this method, just drop a comment and I’ll explain.

Cheers!

Hello, guys.

This was a great trading session. Here goes:

- sell EURUSD at 1.4178, stop at 1.4200, take profit at 1.4120. This was the break of 50% fib level and also the break of the previous daily pin-bar candle. Took my profit. I don’t see any mistakes made, possibly should have used a bigger take profit level, maybe 100-120 pips for this one.

- sell EURGBP at 1.3977, stop loss at 1.3999, take profit at 1.3920. I took this on the break of a small H1 support level, but it paid off. Take profit level was touched and I am happy.

Today’s summary: +115 pips. Things to watch out for: risk/reward ratio.

Any trades I’ll be taking today, I’ll write about here.

Cheers!