Forex Trading Signals

  • EUR/CAD - Buy @ 1.58 zone
  • EUR/JPY - Sell @ 130 level - Buy @ 120 or lower
  • AUD/USD - Buy @ 63 Zone - Sell @ 70 Zone
  • USD/CAD Buy @ 1.20 Zone - Sell @ 1.30 Zone
  • EUR/CHF - Buy At 1.46 to 1.48 zone
  • USD/CHF Sell @ 1.18 to 1.20 zone
  • GBP/USD - Sell @ 1.50 zone - Buy @ 1.34 zone
  • GBP/JPY - Sell @ 140 zone
  • EUR/USD - Buy @ 1.24-1.26 zone

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Thursday, December 18, 2008

GBP/CHF: Long Entry Stopped out for 200 pip loss

Well here is the proof that I'm not the best trader in the world. It is proof that I like anyone else make mistakes and mis-judge direction from time to time. This long was clearly to early to take and that's my mistake. Who can I blame? My broker? Nope!

I will look for a better entry price and go long when it looks like the right time.

The CHF has been boosted by a flight to safety as many trust the Swiss in times of trouble. That's ok to me and my loss is nothing more than a few pips of my previous wins.

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