24/02/2010 Short EUR/GBP Trade [Cancel]

Trade: Short EUR/GBP
Open Price: 0.8740
Take Profit: 0.8663
Stop Loss: 0.8849

02/02/2010 Short USD/CAD Trade [Close]

Trade: Short USD/CAD
Open Price: 1.0597
Take Profit: 1.0482
Stop Loss: 1.0760


Result: -163

01/29/2010 Short GBP/CHF Trade [Close]

Trade: Short GBP/CHF
Open Price: 1.6938
Take Profit: 1.6510
Stop Loss: 1.7132


Result: +428

01/22/2010 Short GBP/CHF Trade [Close]

Trade: Short GBP/CHF
Open Price: 1.6859
Take Profit: 1.6510
Stop Loss: 1.7048
Risk: It's Friday and price may rally until 1.71233 area before it comes down.
Plan: Might need to take profit at the yellow line if the price does go down.



Result: -189

I need some major change in picking my trades. I will try to look at the weekly candle first before going into the daily which means lesser trade. From the weekly chart, i will decide whether to short or long for that current week. Focus.

01/18/2010 Long EUR/AUD Trade [Close]

Trade: Long EUR/AUD
Open Price: 1.5608
Take Profit: 1.5759
Stop Loss: 1.5514


Result: -94

Forex Trading

...Was Never Easy.