Unless otherwise noted, this short GBP/CAD position will be closed at 3 PM April 3, 2015 (NY time).

Gordon Gekko's real-time Forex trading calls

+50 pips, moving stop to break-even.

Gordon Gekko's real-time Forex trading calls

Don't bother too much with GBP/USD, this beast is not in the mood today, it's just going from one extreme to the other.

Gordon Gekko's real-time Forex trading calls

Seems like GBP/CAD is now ready to do some business. It's about time.

Gordon Gekko's real-time Forex trading calls

Trade is now live.

Gordon Gekko's real-time Forex trading calls

Even if the price breaks through a shooting star and stays above it for a while, it still does not necessarily mean that a new uptrend has just emerged.

Gordon Gekko's real-time Forex trading calls

Short GBP/CAD at 1.8671 (limit order), 53 pip stop.

Gordon Gekko's real-time Forex trading calls

Trade is going nowhere, closing position at break-even.

Gordon Gekko's real-time Forex trading calls

Short GBP/USD at 1.4820, 39 pip stop.

Gordon Gekko's real-time Forex trading calls

Closing position at 177.53 (3 pip profit), system is sending short signals at the same time.

Gordon Gekko's real-time Forex trading calls

Bought GBP/JPY at 177.50, 52 pip stop.

Gordon Gekko's real-time Forex trading calls

Position has been closed at break-even after a 50 pip move in the expected direction (59 pips actually).

Gordon Gekko's real-time Forex trading calls

Ok, there are no more economic reports that could possibly move the Forex market now (the next one is due in 7 hours) so I guess that's it for today. Keep an eye on the GBP/AUD though, it's still alive and kicking hard.

Gordon Gekko's real-time Forex trading calls

found on google books thanks url [/quote] You are welcome HighFivve, happy reading However, please note that some pages have been omitted and what you are currently reading is only a preview. That's how Google/Yahoo book works. The ...

Gordon Gekko's real-time Forex trading calls

Short GBP/JPY at 177.35, 52 pip stop.

Gordon Gekko's real-time Forex trading calls

Alright, let's get busy now, a few Japanese and Australian economic reports are coming up soon, according to the FXCM website: url

Gordon Gekko's real-time Forex trading calls

Still trying to catch that bottom on the Aussie, eh?

Gordon Gekko's real-time Forex trading calls

The price will usually test a shooting star (see chart below). Sometimes it will go half way (half the size of the candle that is) and then resume its downtrend. In rare occasions it could even exceed the high of the shooting star (to trap a few ...

Gordon Gekko's real-time Forex trading calls

Well if the trading rules are clearly defined, then there is zero thinking about the location of the stop and the exit. You just pull the trigger and let the market do its thing. That's all there is to it. On the other hand, if the trading rules are ...

Gordon Gekko's real-time Forex trading calls

Hundreds of studies have shown that traders love to cut profit short and let losses run. It's part of our nature. We don't like losses so we keep a losing trade open hoping to at least get our money back. And we cut profits short because we are ...

Gordon Gekko's real-time Forex trading calls