Tuesday, May 14, 2013

Hello!

Believe it or not, I just lost 12K due to the lack of self-discipline! Made 2 loss trades on EURUSD today.

Anyway, now I am holding 3 positions in EURUSD, GBPJPY, and GBPUSD. These 3 has finally gave me signals to long/short.

For EURUSD, I have shorted the pair as it showed a short signal right after hitting the Bollinger Bands, however, it seems that the 1.29391 support level is hard to break. But based on my indicators, I think it would be good if I were to stand on the short side.


The 1.5280 support level for GBPUSD has also been broken during the day's trading. Therefore, I have decided to short the pair. Stochastic also gave me a good signal to do so, even though it is now roaming at below the 20 level. 



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