Tuesday 14th January 2008 Trades — Total Loss Today = £9.91 GBP/JPY Long Positions x2 GBP/USD Long Position x1

Forex Rookie's Trading Journal

Daily Analysis GBP/USD currently sitting just above a major trendline, for now i think it will be ranging in the lead up to the London Session before giving any kind of direction. Longer term trend is still bearish. Trading below daily pivot point ...

Forex Rookie's Trading Journal

GBP/USD Pending order Long @ 1.4830 Stop Loss @ 1.4790 Take Profit @ 1.4960 Profit/Loss = +5 pips

Forex Rookie's Trading Journal

GBP/USD Short @ 1.51002 Stop Loss @ 1.51402 Take Profit @ 1.49802 Profit/Loss = +120 pips

Forex Rookie's Trading Journal

Daily Analysis — Based on the closing of the Friday Candlestick, here are the following daily pivot points: Resistance - 1.5303 Daily Pivot Point - 1.5209 Support - 1.5066 Resistance appears to be in the 1.5120 area. Trading on MetaTrader ...

Forex Rookie's Trading Journal

I think that is the safest thing to do. At the moment we trading around the Daily Pivot Point and sitting on support area - 1.5185.

Cable Update (GBPUSD)

I would be tempted to as we are sitting on near to a major trendline on the 1 hour chart. But i'm sitting out as we are not very volatile and tomorrow should light the way for the next move.

Cable Update (GBPUSD)

I concur — I have to agree with enochben. I use to trade with FXCM, but i switched brokers to Alpari UK now. Anyway, i'm still able to look at the signals on DailyFX Plus but to be honest i don't think they are the best way of trading. I think ...

Broker trading signals...

I have got a suggestion for you: Lets say the trend is upwards. There is a bounce near to or off the pivot line. Place your order entry about 5 to 10 pips from the line when going long. With the Stop Loss behind the pivot point. To support your ...

Open Trade near Pivot line (Pivot Point)

It could be because we at the 261.8 Fib level and Daily Resistance level. Just waiting for the close of the hourly candle.

Cable Update (GBPUSD)

Has anybody got any insight into the ADP Non-Farm Employment Change release in about 15 minutes?

Cable Update (GBPUSD)

Resistance at 1.4965 area. Which is also the 161.8 Fibonacci Level and major trendline.

Cable Update (GBPUSD)

Pending Short order sitting at 1.4930. Take Profit at 1.4720.

Cable Update (GBPUSD)

Not quite enough incentive pips wise . I think it will start to look up by the morning around 8am UK time.

Cable Update (GBPUSD)

In all fairness, Cable is moving sideways for the moment on the 1 hour chart. Not sure about other pairs.

Cable Update (GBPUSD)

Very long term investment in mind perhaps . With a large stop loss margin. I can also see further downside movement towards 1.40xx, but it won't be until 2009 for now. Support has now become Resistance in the 1.4530 area on the 1 hour chart.

Cable Update (GBPUSD)

I agree, i think it would be too dangerous to jump in long at this stage; especially as the trend is still down.

Cable Update (GBPUSD)

Righty ho...back to Forex.... We have just bounced off support in the area of 1.4560 area on the 1 hour chart. I think there should be people going long from this zone.

Cable Update (GBPUSD)

Looking at your past results you've been performing really well, so keep it up! When it comes to trading live its much more different than on demo. When i first started trading on live account i felt the same as you do when you read about other ...

A Girls Trading Journal