Ok so first things first, this thread is a continuation of my previous Journal "Trading Journal August '14". The link is below for anybody who wants to know how this all started...!
http://www.forexfactory.com/showthre...03#post7708203
In my previous post I named a few markets I was looking to get into. The only trade I posiitioned for was EUR/GBP Short. My exposure to EURO is at a maximum now and I wont be looking for any further CCY pairs involving Euro. If you've been following my thread, you'll know I've definately changed my outlook for this pair. I was kicked out of two Long trades in this pairing during August. With the current EURO crisis deepening day by day and the charts showing a Short entry in the offering.....worth getting on board.
Tomorrow morning I will review the equities I was looking to get into and then I'll make a final decision on whether to position any trades or not. There is an issue with my brokers mobile platform which could scupper my plans though. Today, I received a connection error and when I contacted them they advised it was a vendor issue and they were working to resolve. If I dont get the mobile platform up and running, I obviously wont be able to place any trades as I'll be at work. As I said in previous posts, I work out my trade price, size, stoploss, etc from home before I go to my 9 to 5, then when the US market opens later, I key in the trade on the mobile platform. So lets keep an eye on this, obviously I am monitoring all downtime on any system. Too risky to be out of touch for any extended period of time.
Here is the EUR/GBP trade I positioned this morning and which also opened this morning:
SELL EUR/GBP @ .7900 with a Stop Loss @ .7956
Thanks folks, back in the morning
Bullbear
http://www.forexfactory.com/showthre...03#post7708203
In my previous post I named a few markets I was looking to get into. The only trade I posiitioned for was EUR/GBP Short. My exposure to EURO is at a maximum now and I wont be looking for any further CCY pairs involving Euro. If you've been following my thread, you'll know I've definately changed my outlook for this pair. I was kicked out of two Long trades in this pairing during August. With the current EURO crisis deepening day by day and the charts showing a Short entry in the offering.....worth getting on board.
Tomorrow morning I will review the equities I was looking to get into and then I'll make a final decision on whether to position any trades or not. There is an issue with my brokers mobile platform which could scupper my plans though. Today, I received a connection error and when I contacted them they advised it was a vendor issue and they were working to resolve. If I dont get the mobile platform up and running, I obviously wont be able to place any trades as I'll be at work. As I said in previous posts, I work out my trade price, size, stoploss, etc from home before I go to my 9 to 5, then when the US market opens later, I key in the trade on the mobile platform. So lets keep an eye on this, obviously I am monitoring all downtime on any system. Too risky to be out of touch for any extended period of time.
Here is the EUR/GBP trade I positioned this morning and which also opened this morning:
SELL EUR/GBP @ .7900 with a Stop Loss @ .7956
Thanks folks, back in the morning
Bullbear
Even a journey of a thousand miles starts with a single step.