Good day traders! I have always believed that it is important to plan your trades for the week and one of the most important activity to do during the weekend is to actually go through the longer term charts like the daily and weekly chart. They are very relevance and can help you in understanding
Good day traders! Lets look at the chart below. Pound Dollar Technical Analysis I love looking at charts and finding patterns that I can use to take a trade. At the moment, Pound dollar is trading at 1.571, falling about 200 pips after touching 1.59. Drawing arrows on the chart, it seems that
TRADE UPDATE on 16th September 2010 (Thursday) 8.39pm Singapore Time. The trade that I took got stopped out as the price touched my stop loss point and continued to go up another 100 + pips. Well, this is part of trading. As traders, we have to be able to take losses when it comes.