Sep
29
Tuesday, September 29 Update
ByHello everyone,
The market has moved down to a low of 1.4585 and our trade (from yesterday) is doing well. I will let it run its course.
GMT 07:34 - The market has moved down to 1.4594 and the trade is still running.
GMT 07:58 – Prices have shot down and hit 1.4576. I will be monitoring this trade closely and may close it out within the next few hours.
GMT 10:50 - The market has hit a low of 1.4536. I will be looking to close the position soon.
GMT 15:02 - It’s getting late now and I’ve decided to close out the trade at 1.4539 (for a + 102 pip profit) before I go to bed. Take care everyone, see you tomorrow.
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9 Comments
September 29th, 2009 at 10:11 am
Hi Chris,
What I want to tell you now is that the trend trading strategies, combined closely with the fibo-s and the launch candles analysis, are the new keys for me to find the right time and values in the market for good entries. And all this thanks to you, mate.
September 29th, 2009 at 5:03 pm
I’m still learning and following Chris — trying to get on the same page so I can make some money.
September 30th, 2009 at 3:42 am
Hi Samuel,
Don’t focus on “making money” at this stage – you will be better off focusing on “understanding how to trade”. The money will come naturally then.
September 30th, 2009 at 4:10 am
Hi Chris,
I’ve been follow your trading for about 2 weeks. I’m learning from your post in this website. And thank’s to you now I feel more confidence in trading and can make some money. Let’s say from I became member from pip mavens, now I have make 127 pips.
But, untill now, I’m still confuse about how can I draw a trendline, using fibonacci, and retracement area.
Can you explain to me. Thank you
September 30th, 2009 at 9:10 am
Well done on the profit. Another successful month.
September 30th, 2009 at 10:02 pm
Chris, Thanks!
October 1st, 2009 at 4:08 am
Hi Zainudin,
Are you unsure of the technical aspect of drawing the trendline/fibonacci lines, or are you unsure of where to draw them?
October 1st, 2009 at 6:41 am
Hi Chris,
I’m still confuse about the technical aspect of drawing the trenline and fibonacci.
Thank you
October 1st, 2009 at 10:47 am
Hi Zainudin,
No problem, just drop my support team an email and they’ll help you out.
:-)