Thursday 5/1/08 Update

I am on Vacation...so...I didn't trade today.....See you on monday!
Have a good Weekend!

Tuesday 4/29/08 Update

Closing the month!

Hello everyone. Here is the scoop. I will be traveling until Monday of next week, so I will not be able to trade. We have had a good month. Not stellar, but good. Today there was a couple of crossovers and the day would have ended even with the 2 trades. Unfortunately my system was failing and I could not trade. I missed out on 27 pips gain between the two but that's OK...

I will be posting the monthly result into the track record section later on today and will join the trading world again on Monday. A new month.

But don't think I am leaving you with out the charts for today. Here you go. Take a look and see the places where trades should have been and let me know what you think.

Talk to you soon

Monday 4/28/08 Update

Nice start!

Well it was a good way to start the week as I was able to grab 45 pips today. Here's how it happened

Today's Trade

5:00 am: There was a crossover and my alarm went off. I checked the confirmation signals and saw that stochastic were trending up, RSI was over 50 and MACD had gone from negative to positive. So all was looking good. At the open of the 5:15 I jumped in a got executed at 1.9855. I was 45 pips away from the next 00 level so I set it as my limit and put my stop at the swing low of 1.9794.

Entry: 1.9855

Stop: 1.9794

Limit: 1.9900

6:00 am: the bar opened and shot upward. I looked for it to make a clean break and since it didn't I left my limit where it was and took my profit.

Today however I only bought 2 lots, as opposed to the 3 I usually do. This is because our stop was 55 pips away and if the trade went against us, it was more than I was willing to risk on one trade. So we net 45 pips on 2 lots for 90 pip gain.

Trade result:

One trade.......+90 pips.

So here are the charts. Take a look and let me know if you have any comments or questions.

Talk to you soon.

Corbanfx Week End Review 4/21-4/25/08

Not very many trades happened this week but the ones that did happen were both exactly the same. Same price of entry, exits. and time. And best of all..positive.

Monday : NO TRADES
Tuesday : 1 Trade........+129 pips
Wednesday: NO TRADES
Thursday : 1 Trade........+129 pips
Friday : NO TRADES


TOTAL : 2 Trades..........+258 Pips