Sep 24, 2010

EURJPY Long Trade on September 24, 2010 This is one of the clearest trades I’ve ever entered in my life.  Here’s a few reasons why.  I’ve been taught and teaching myself over and over that if price moves very near these special areas of support and resistance AND we are far enough away from the day’s high/low, then its a good risk to...

Jul 24, 2010

Here are my latest results from my broker statement. Straighthold Investment Group, Inc. Account: 1000961716 Name: BigE Currency: USD 2010 July 22, 20:42 Closed Transactions: Ticket Open Time Type Size Item Price S / L T / P Close Time Price Commission Taxes Swap Profit 43768063 2010.06.30 16:28 buy 2.00 gbpusd 1.4973 0.0000 0.0000 2010.07.01...

Jul 6, 2010

Forex Trading — Understanding Commissions, Spreads and Trading Costs Spreads and commissions are important and you should know how much its costing you. If you dont’ know the total cost of the transaction you won’t know exactly how much risk you are taking on and can not make informed decisions as such. The reason why most regular people invest...

Jun 18, 2010

EUR/USD stayed in tight range above 1.2143 last week as consolidations continued. More sideway trading cannot be ruled out. But in case of another rise, we’d expect upside to be limited by 38.2% retracement of 1.3691 to 1.2143 at 1.2734 and bring fall resumption. On the downside, decisive break of 1.2143 will confirm down trend resumption and should ...

Jun 10, 2010

Welcome to the new PFX Trade Share