02 June Trades closed

Posted by TradingForexProfit | 2:17 PM | | 2 comments »




well, it happens, all 3 trades turned out to be losers. 


exited the long USDCHF because it was not in my best interest to stay any longer, as the currency pair started moving heavily against me.

exited EURUSD because the currency pair started moving heavily against me

exited NZDCHF for the same reason.

It sometimes happen that your system gives you a couple of losing trades in a row. The idea is not to lose faith in the system, stick with it and be disciplined and follow you rules. 

Current balance: $760.18

2 comments

  1. Sorin // June 2, 2009 at 2:59 PM  

    Hey buddy :P
    I don't really care if your technical analysis is good and your trading system works RIGHT NOW, but answer me this question:
    -Are you sure that the timeframe you are using now -h4- is the good one for you, so sure that you would DONATE YOUR SALARY TO MY CASHFLOW, let's say for JUST 2months?
    Bye!
    P.S.
    -you're using THE HELL WRONG TIMEFRAME
    -PLEASE POST YOUR TRADING SYSTEM, I'm not interested in it, just to test it :))

  2. TradingForexProfit // June 4, 2009 at 1:49 PM  

    yes, i am sure that the 4hr timeframe is good