Follow the bouncing ball — Short trade returning to entry @ 2965, now 2967, 2963. GBP has taken a leap up, stalling. Half past the hour: to be or not to be.

Greg's Journal

EURO Short two hours ago — 1:26 EST. Though prudent thing is wait to see how London open plays out, placed short @ 2965 a couple hours ago after EURO retreated twice from 2970. Trade may be premature. Hourly, four hour stochs oversold though, ...

Greg's Journal

Stopped out @ entry — Stopped out @ entry. Will stand aside to trade another day. Have a nice weekend everyone.

Greg's Journal

Entered EURO long at psychological 2900 — Entered long @ psychological 2900, which is also my S1 @ 2899. Tight stop as bollinger bands are decidedly down, also angle of moving averages, although gap in 5/8 hrly averages is closing, tight, with ...

Greg's Journal

Waiting for news at 8:30am, EST — Like everyone else, waiting for US news to determine market direction.

Greg's Journal

EURO Trader replies to posts — Wow. Thank you all, wonderful replies. Firstly, EURO TRADER is a journal, secondly, I enjoy intelligent discussions, analysis. Though I've been trading for some years, I'm still learning. And may I continue to ...

Greg's Journal

EURO trader — Nice move down US session, currently @ key support 2954. Taking profit. Another 70pips down not likely right now, will wait for London open to see how things shape up over next many hrs. Setting alerts @ M1/2918 & 2976, my M2 as ...

Greg's Journal

Learning curve — Yup. Been there. I'd try demo trading until you prove to yourself that you've arrived. When you return to live trading, start out very small. Other things: Find the trend--daily, hrly, on down. Look for a situation where there ...

My personal experience - Lost 5,000 USD in 4 months Forex. Please advice.

Closed GBP @ 2890 — Just closed my GBP @ 2890. +46 pips.

Greg's Journal

14:53 EDT: Feel GBP has bottomed for now. — Feel GBP has bottomed for now, B/GBP@8354, s/l@8321, target/support, now resistance @8400. 20pip trailing stop.

Greg's Journal

Example of journal notes I keep — Made a GBP trade over the last hour, example of the kind of personal journal notes I make: Keeping an eye on GBP 15min. chart. Tight BB, riding 5/8 ema/sma, looking for poss. move up/8500. Support @ Monday ...

Greg's Journal

Closed at 2555 — EURO position stopped out 2555, 9pip loss.

Greg's Journal

Back in — B/euro @ 2564

Greg's Journal

Ah, well... — Stopped out at entry.

Greg's Journal

Hmm... — Hmm...holding three aces, decent hand. Two up my sleeve, just in case.

Greg's Journal

Stop loss @ entry — Stop loss at entry, can't get hurt. +14pips.

Greg's Journal

B/euro @ 2570 — Bought EURO @ 2570, currently 2583

Greg's Journal

20:43EDT -- Waiting for EURO setup — Waiting for EURO setup, long. Likely won't consider trade for at least another hour, maybe two. (1) Have set mobile alerts to track price action. (2) Probably will create a couple entry orders at different ...

Greg's Journal

Correction to last, bought EURO @ 2571 — Correction last: bought EURO @ 2571, cashed in @ 2590. +19pips. Nuff. No action, time of day consideration for me.

Greg's Journal

B/euro@2571 — Bought EURO @ 2771, s/l @ entry, initial target 2600. Price currently 2581.

Greg's Journal