Monday, March 10, 2014
Saturday, March 8, 2014
Friday, March 7, 2014
AUDUSD Short
Took this AU short just before I left home but closed it as this is Friday and did not have the opportunity to move stop to break even plus 3, and would not leave a trade unattended on a week end.
Why did I take this trade compared to the UCA long? Look @ the mini charts and you will see some consistency & structure here compared with the UCA.
Shalom, and good week end to all
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Why did I take this trade compared to the UCA long? Look @ the mini charts and you will see some consistency & structure here compared with the UCA.
Shalom, and good week end to all
DISCLAIMER
Please read the disclaimer on the home page
Example of Emotional Trading
A clear example of emotional trading.
I took this trade based on the US NFP & Canadian Employment reports but it was a bit too late into the move. I always like to wait about 30 minutes after news release, see if there will be substance to the movement, by a pullback and then continuation. But I had no reason to enter this trade and realized it was an emotional trade, which always lead to losses. I promptly closed the trade as it was not worth it.
We all get pressured sometimes when we think we have not taken any trade for the last few days and this is an opportunity. Self discipline is @ the heart of success in any endeavor in life. The market is always there, and there will be another trade. I will wait for proper pullback, and join on an engulfing candle that takes out the last H4 high, otherwise I will sit on my hands.
Shalom,
George
DISCLAIMER
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Monday, March 3, 2014
EURJPY Long
Like a sniper, waited for pullback and pulled the trigger on cross above the MA Ribbon & Cloud.
Now closed for about 10 pips as nothing is assured in this market. 10 pip here, 5 pip there and a possible 20 - 50 pip thereafter is a good way to trade.
Shalom Peace and God bless
DISCLAIMER
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Thursday, February 27, 2014
Wednesday, February 26, 2014
Monday, February 24, 2014
Friday, February 21, 2014
Wednesday, February 19, 2014
Tuesday, February 18, 2014
My Redeemer is Faithful and True
My Redeemer is faithful and true
Everything He has said He will do
And every morning His mercies are new
My Redeemer is faithful and true
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Everything He has said He will do
And every morning His mercies are new
My Redeemer is faithful and true
Please read the disclaimer on the home page
Job 14:7 - 9
For there is hope of a tree, if it be cut down, that it will sprout again, and that the tender branch thereof will not cease. Though the root thereof wax old in the earth, and the stock thereof die in the ground; Yet through the scent of water it will bud, and bring forth boughs like a plant.
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DISCLAIMER
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It’s my desire to live for Jesus
It’s my desire to live for Jesus,
It’s my desire to live for Him;
Though often I’ve failed and brought Him much shame,
It’s my desire to live for Him.
Chorus:
If you could see where Jesus brought me from
To where I am today,
You would know the reason why I love Him so.
So you can take the world’s wealth and riches;
I don’t need earth’s fame.
It’s my desire to live for Him.
It’s my desire to help someone today,
Someone who might have failed to see the way;
I too was once so lost, but I found my way to God,
Now it’s my desire to live for Him.
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It’s my desire to live for Him;
Though often I’ve failed and brought Him much shame,
It’s my desire to live for Him.
Chorus:
If you could see where Jesus brought me from
To where I am today,
You would know the reason why I love Him so.
So you can take the world’s wealth and riches;
I don’t need earth’s fame.
It’s my desire to live for Him.
It’s my desire to help someone today,
Someone who might have failed to see the way;
I too was once so lost, but I found my way to God,
Now it’s my desire to live for Him.
DISCLAIMER
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Monday, February 17, 2014
GBPUSD Trade
Price finally broke the DOL and even went to break yH (yesterday's High), dropping a further 23 pips but I am satisfied with whatever the market gives me. This was a CT trade and therefore needed to be careful due to the strong uptrend.
And that's it for the day
Shalom, and God bless
DISCLAIMER
Please read the disclaimer on the home page
And that's it for the day
Shalom, and God bless
DISCLAIMER
Please read the disclaimer on the home page
GBPUSD Short Trade Update
Very stubborn trade - finding it difficult to close below the DOL but may eventually do, who knows!!! The GBP & USD seem to be equally matched in strength with USD enjoying only a slight edge on the day. Therefore no need wasting time on the trade - now closed for about 10 pips which was a good decision as price now back @ initial entry point. No, it is taking another attempt @ the DOL but will stand aside.
DISCLAIMER
Please read the disclaimer on the home page
DISCLAIMER
Please read the disclaimer on the home page
Sunday, February 16, 2014
Friday, February 14, 2014
Wednesday, February 12, 2014
Tuesday, February 11, 2014
Monday, February 10, 2014
Friday, February 7, 2014
Wednesday, February 5, 2014
Monday, February 3, 2014
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