Major Trading - Prologue

new trades:

long EUR/JPY @ 163.48
long USD/CHF @ 122.86

open trades brought forward:

long EUR/USD @ 1.3447
long EUR/USD @ 1.3467
long EUR/USD @ 1.34792
long GBP/USD @ 1.9762

new trades:

short GBP/JPY @ 241.665

closed trades:

long EUR/JPY @ 163.48 sell @ 163.84 +36
long EUR/USD @ 1.3447 sell @ 1.3490 +43
long EUR/USD @ 1.3467 sell @ 1.3495 +28
short GBP/JPY @ 241.10 buy @ 241.33 -23
long GBP/USD @ 1.9762 sell @ 1.98605 +98.5
long USD/CHF @ 122.86 sell @ 122.96 +10
short USD/JPY @ 121.65 buy @ 121.67 -2

open trades brought forward:

long EUR/USD @ 1.34792

pip count so far:

+704


Looks like my target of 1.37 will not be realised in time as I had expected, a valuable lesson learned about predicting the market. I still have a long position open because there is nothing I can see which overwhelmingly suggests a bear trend is about to set in. Aside from that, a few nice scalps have kept the pips rolling but I've missed out on some good trades the last two days (cable & GBP/JPY) because I've been away at key times. Also I'm having a look at FXCM, might start a demo on there soon. It's been a very good's week trading so I'm very happy, though it's still a demo and I feel I've been lucky to get in at some excellent positions, which I put down to beginner's luck. Only have 2 trades open now, off to watch the Champions League Final, come on Stevie G!

new trade:

long GBP/JPY @ 240.87

closed trades:

short EUR/USD @ 1.3452 buy @ 1.3435 +17
long GBP/JPY @ 241.20 sell @ 241.32 -12
short GBP/JPY @ 241.665 buy @ 241.25 + 41.5

open trades brought forward:

long EUR/USD @ 1.34792

pip count so far:

+750.5


I haven't got over yesterday's tragic defeat in Athens, but I'm hoping to make big pips to help me get over it. Looks like a good 2 days of trading to end the week.

new trade:

short GBP/JPY @ 241.55

closed trades:

long GBP/JPY @ 240.87 sell @ 240.89 +2
long GBP/JPY @ 240.81 sell @ 241.31 +50

open trades brought forward:

long EUR/USD @ 1.34792

pip count so far:

+802.5