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Rain's Quote

My first interaction with forex was GBP/JPY, but more deep involved with forex, I learn that it's not about how you make a lot of profit, it's not about how fast you will gaining hundreds of pips. It's all about how you dealing with your psychological factors, how you manage your risk and stabilize your profit. It's true that GBP/JPY could give you hundreds of pips in an hour or less but it could take your all margin either.A fiew month ago, I decided reduce my trade in GBP/JPY and try to play in EUR/USD,It's hard time when I must learn new behaviour becouse trading in EUR/USD is not same thing dealing with GBP/JPY. EUR/USD has own rhythm. Based on that I decided to make this blog, I want to share with everyone about my journey to change my behaviour and I hope,you can feel the same thing, that it's not too late to learn something new and there is always new things to learn in forex market. Don't stop learn,once you stop it is same thing that you are dead. There is a lot thing I want to write but my limitation in english make it hard to me to wrtite, but I don't want give up. I believe, someday english would not be my constraints to write and share with you. My motto : Learn First, Wealth Will Follow.

Saturday, May 16, 2009

summary of trading results May 2009 ( Euro/ USD )

Monday, May 18, 2009

*Day 1, Date : May 18, 2009 : Limit executed sell EURO/USD at 13508, Target Hit at 13488,
Result: profit 20 pips


*Day Trading 2, Date : May 19, 2009 : Limit executed, buy at : 13546, Stop loss : 13506 and target profit at : 13600 , target canceled (hard exit at 13588 / + 42 pips)
Result : profit 42 pips


*Day Trading 3, Date : May 20, 2009 : Stop executed, buy at : 13660, Stop loss : 13600 and target profit at : 13708 , target hit at 13708.
Result : profit 48 pips


*Day Trading 4, Date : May 21, 2009 : SL Hit,
Result : loss 38 pips


*Day Trading 5, Date : May 22, 2009 : SL Hit,
Result : loss 31 pips


*Day Trading 6, Date : May 25, 2009 : Order not executedt,NO TRADE
Result : 0


*Day Trading 7, Date : May 26, 2009 : sell ( entry by market price ) at 1.3985, target hit at 1.3904
Result : +82 pips


*Day Trading 8, Date : May 27, 2009 : sell ( entry by market price ) at 1.3964, target hit at 1.3924
Result : +40 pips


*Day Trading 9, Date : May 28, 2009 : sell ( entry by market price ) at 1.3834, SL hit at 1.3894
Result : -60 pips


*Day Trading 10, Date : May 29, 2009 : NO TRADE
Result: 0


Total Profit/Loss : +20 pips + 42 pips + 48 pips + (-38 ) pips + (-31 ) pips + 0 + 82 pips + 40 pips + (-60) pips + 0

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DISCLAIMER

Trading of financial instruments involves substantial risk, including complete possible loss of principal plus other losses and is not suitable for all members of the public. This blog discusses my experiences and my style of trading. This blog is for entertainment and educational purposes only. The trades discussed here are MY trades. You make your own trades and you and only you are responsible for your trades. Ideas and opinions discussed on this blog are not in any way recommendations to buy or sell securities or investment advise.

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