Tuesday, November 12, 2013

GBPUSD Short

Entered trade about 20 minutes before news release, and almost closed for 15 pips when it was trading sideways about 5 minutes before the release. Trade now closed for 60 pips!!!

Thank You Jesus

Shalom,

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Tuesday, November 5, 2013

EURJPY Short

Learnt a lesson I already knew - full concentration required in trading and no assumptions.

I looked at the chart and decided I wanted to short this pair. So I set alarm at a level I assumed if price got to, the downtrend should continue, and went to sleep. One hour later alarm sounds and I got up without taking a second look at the chart to reconfirm that the setup was still good, I just pulled the trigger to sell. I knew it was a mistake and should have closed when the market was gracious to give me 3 pips within 15 minutes but I assumed again!!! Result was unnecessary drawdown for almost 2 hours before price finally turned in my favour.


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Saturday, November 2, 2013

Psalm 144

Psalm 144
1 Blessed be the Lord my strength which teacheth my hands to war, and my fingers to fight:
2 My goodness, and my fortress; my high tower, and my deliverer; my shield, and he in whom I trust; who subdueth my people under me.
3 Lord, what is man, that thou takest knowledge of him! or the son of man, that thou makest account of him!
4 Man is like to vanity: his days are as a shadow that passeth away.
5 Bow thy heavens, O Lord, and come down: touch the mountains, and they shall smoke.
6 Cast forth lightning, and scatter them: shoot out thine arrows, and destroy them.
7 Send thine hand from above; rid me, and deliver me out of great waters, from the hand of strange children;
8 Whose mouth speaketh vanity, and their right hand is a right hand of falsehood.
9 I will sing a new song unto thee, O God: upon a psaltery and an instrument of ten strings will I sing praises unto thee.
10 It is he that giveth salvation unto kings: who delivereth David his servant from the hurtful sword.
11 Rid me, and deliver me from the hand of strange children, whose mouth speaketh vanity, and their right hand is a right hand of falsehood:
12 That our sons may be as plants grown up in their youth; that our daughters may be as corner stones, polished after the similitude of a palace:
13 That our garners may be full, affording all manner of store: that our sheep may bring forth thousands and ten thousands in our streets:
14 That our oxen may be strong to labour; that there be no breaking in, nor going out; that there be no complaining in our streets.
15 Happy is that people, that is in such a case: yea, happy is that people, whose God is the Lord.


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GU & EU Short Trades

Let's get this blog active again with my trades for yesterday



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Please read the disclaimer on the home page