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Euro short closed for 100 points

2011-06-15T08:40:00.001-07:00

Shorted the Euro when I saw the problem in Greece. In my opinion The Greece may default and Euro will go south. Closed my Euro short for 100 points gain, that's more than enough for me. I only go for 20 pips a trade. I believe Euro has further to fall.
Please do your own research before trading forex. You are the one who is fully responsible for your own action.

Amazing Euro Trade

2011-06-09T07:42:00.001-07:00

Its amazing what patience and discipline can do to trading forex. Never chase the market and wait for the trade to set up the way you would like.That's what I did. I was waiting for the Euro Zone news today, when there's news due I do not trade.
My trade was the time before the news the price of euro and I added another 30pips, I came up the price 1.4645. I placed a SELL order @ 1.4645, stop/ loss of 55 pips. In other words as high as 1.4700.
I placed my normal trade order and wait for it to come my way. It did.
I closed my Euro short @ 1.4590. a cool 55 points @ $50p/p.
That's done for me. Relax and enjoy life.
My rule: I never overtrade. I don't chase market and I don't want to give my money to someone else.
Patience, discipline and money management are the tool for me.
If you are trading, Trade carefully and make a rule the way you would like and always follow your rule. Rememeber you are respnsible for your own action.
Hope you have many profitable trades. Good Luck.

Euro short closed for 90 points

2011-05-23T06:04:00.001-07:00

Back from holiday, Shorted Euro which I just closed for cool 90 points. Enough for me till I find another opportunity. I still believe Euro heading down. Do your own research if you are trading. Don't forget the rules: Don't lose money and always follow the discipline, patience and good money management. Good Luck.

Euro short closed

2011-05-14T09:01:00.001-07:00

Closed my euro short for 720 points which I opened @14830, closed @14110. I think if you believe your trading plan and keep it simple will make you money. Patience and discipline are the key to the trading. Good luck all. You can do it too.