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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.

Monday, July 13, 2009

EUR/USD Strategies on July 13, 2009

03:01 PM (GMT +7)

Quite slow in EUR/USD today. I'm still hold my last position ( open buy EUR/USD at 1.3920 on Friday night). I am not make new entry, not yet. I'm just change my SL to 1.3895, and still open my target. I will set it latter after news from Euro (if it stay and SL hold on),


UPDATE - 05:45 PM (GMT+7)

EUR/USD - TF 30 mnt
Bullish getting stronger, I said this because EMA 5 (blue)crossing up EMA 66 (red) and EMA 20 (green)in progress, RSI movement above 50, Parabolic SAR and candle pattern also shows upper movement. Today I feel tired and this english matter make me feel so dumb. OK, so I will write briefly, I'm still holding Buy from Friday, now I set SL at +10 ( 1.3930)and still, with open target. I might make new entry or close this position latter in US session. Meanwhile I need to take a bath...


UPDATE - 09:25 (GMT+7)

My TS hit, and I just got 10 pip from my OP on friday, it's ok. I will try to catch another pips later, I'm still prefer buy but maybe it try to push 1.3900, if not break I will buy.


UPDATE - 10:31(GMT+7)


EUR/USD - TF 30 mnt


Price action stay hold above EMA 66 so I've already make one entry, buy EUR/USD at market price and I've got at 1.3953, my SL : 1.3910 and my Target : 1.4003. I hope I don't mess up this time, time for sleep

1 Comentário:

bz said...

thx for info :) GBU

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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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