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Monthly Archives: January 2013

Trading Update For Yesterday. 3 Trades 178 Pips Profit.

We had good days trading yesterday, the strong dollar produced some nice opportunities.

First trade of the day was Cable long at 16016 up to 16051 for 35 pips.

We also had AUD long at 10397 up to 10475 for 78 pips.

We also had Euro long at 13015 up to 13080 for 65 pips.

Trading has still been very light this week with the holiday period, but next week we should be back to normal, so i will be starting the weekly updates from next week.

We have had some good trades over the holiday period, but i am looking forward to things getting back to normal. We are going to have a great year this year and i cant wait. 🙂

If you want to get your trading year off to the best possible start you need to have a complete understanding of price action trading, I can teach you that. For more information on price action Forex trading please see my Forex training course here.

First Trade Of The New Year 20 Pips Profit.

Well Christmas is out of the way, the new year is here. The fiscal cliff worries are temporarily on hold, and i am a happy bunny. 🙂

I am not a big fan of this time of year to be honest. I am at my happiest when i am making money, and Christmas just gets in the way of that in my opinion. Bah humbug. 🙂

Really strange day’s trading today. The deal on the fiscal cliff was done late last nite, and nothing much happened to the markets until the Asian session kicked off, and then all hell was let lose. I got up this morning to find that the dollar had significantly weakened and equities had gone through the roof.

I am not complaining though my stocks portfolio is looking significantly healthier today than it was yesterday.

OK back to today’s trading. First trade of the day was AUD short at 10495 down to 10475 for 20 pips. Nice start to the new year. Next trade of the day was Euro short at 13270 down to 13204 for 66 pips.

Third trade of the day way Euro long at 13157 which we are currently plus 20 pips on.

The Euro should come back a bit, but i am expecting another down day tomorrow. The Euro should go down to around 13075 to 13080 at some point. Have a great days trading.