Pip Count

(for EUR/USD, 4 Hour trades only)

Sep '10: +1 pips

Aug '10: +137 pips

Jul '10: +0 pips

Jun '10: +26 pips

May '10: +117 pips

Apr '10: +132 pips

Mar '10: +220 pips

Feb '10: +226 pips

Jan '10: +143 pips

Apr - Dec '09: +497 pips

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Author Archive

Sep
03

Friday, September 3 Update

Posted by: Chris | Comments (0)

Hello everyone,

The market has not moved much since yesterday, and I am still awaiting prices to hit the support/resistance level:

Categories : Market Updates
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Sep
02

Thursday, September 02 Update

Posted by: Chris | Comments (0)

Hello everyone,

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Categories : Market Updates
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Sep
01

Wednesday, September 01 Update

Posted by: Chris | Comments (0)

Hello everyone,

The trade got triggered last night while I was asleep in bed, and is now 23 pips in the money.

(this is the H4 chart)

I will be looking to move my stop loss to breakeven soon.

GMT 02:17 – I have moved my stop loss to breakeven +1 pips. The first profit target is at the 50% retracement line (1.2600) — I may extend this profit target if the market shows signs of going lower (I think there’s a fair chance that it would).

GMT 05:07 - There was a big move up that stopped out the trade for +1 pip. Depending how on prices move from here, I may consider to go short again.

GMT 07:30 – The H4 chart looks to be forming a doji with a long top shadow (at the H4 resistance level). If the candle closes like this (in 30 mins) I will be looking to go SHORT again.

GMT 08:00 – The candle closed WITHOUT a long top shadow. Looks like the market still wants to move up some more. I will continue to wait on the sidelines.

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Categories : Market Updates
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Aug
31

Tuesday, August 31 Update

Posted by: Chris | Comments (0)

Hello everyone,

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