Monday 2 May 2011

May 2nd... (updated)

Good Evening, and I hope you had a wonderful May Day holiday if you are in the UK...

I have this evening placed 5 trades, although I do not reasonably expect them all to trigger.

The following is inspired by/plagiarized from Klaus's blog here: http://devisen.wordpress.com :- I liked the way Klaus was using tables to make the figures presented clear, and I hope he will forgive my imitation :) ...


Pending Orders for 2nd May 2011
Curr. PairDirectionEntryStopTargetP&L
GBPUSDLong1.67411.66291.6853-
NZDUSDLong0.81230.80250.8221-
AUDJPYLong89.3388.6889.98-
USDJPYShort80.9381.7280.14-
USDSGDShort1.22011.22491.2153-


below are the screen shots of the trades:

Any/all comments or thoughts gratefully received...

Cheers,

Nick

Update:

AUD/JPY had a small risk of only 65 pips ... but I also forgot to check the ForexFactory.com calendar to see which announcements were being made ... at 6:30am C.E.T there was a "Red" Cash Rate announcement for the Aussie which could easily have taken me both into and out of the trade in seconds for a loss ...since the announcement was as expected, there was no adverse response, and the price is moving against me entry criteria ... but it could so easily have been different.

GBP/USD

USD/JPY

NZD/USD

USD/SGD

AUD/JPY
Posted by at

10 comments:

  1. Anonymous4 May 2011 at 00:24

    Hehe,

    havent I seen this table anywhere? :)
    I dont have a problem with that Nick. I didnt plan to make money with those HTML Tables ;)
    Nice chart screenshots by the way.

    Cu
    Klaus

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