Back in the days when kings thought they had the divine right to rule, they often wanted more money than their parliaments would grant them. But most parliamentary bodies did not consist of fools; they certainly knew better than to leave the powerful tool of taxation solely in the king’s hands. Not being able to … [Read more…]
I wish you all to have happy holidays and best of luck in the next year.
AUDCAD reached P1 and bounced back. The result is +20 pips profit.
AUDCAD Sell 0.9478 SL 0.9505 P1= 0.9458 P2= 0.9448
I didn’t have time for trading on Friday. Still, this was another profitable week with the following results: Mo. +20 pips Tu. +85 pips Wd. -28 pips Th. +40 pips Total: +137 pips Today is exactly one month since I started this blog on Nov. 21, 2013 and the total result is the profit of +1130 pips. If we divide … [Read more…]
EURUSD: profit target P1 reached, the other 2 units closed at break even
EURUSD: profit target P1 reached, the other 2 units closed at break even
GBPUSD: profit target P1 has been reached for a 20 pips profit, the other 2 units were closed at break even. Thus the total for this trade is +20 pips profit.EURGBP sold at 0.8335, still openEURUSD sell stop order is still open AUDUSD order is cancelled
So, what is better to make 1,000 pips once in a while or to make 10 pips every day? Yes, this is a tricky question. But the way you answer this question defines your trading strategy. You can base your trading strategy on going for a big win or you can base it on winning … [Read more…]
How to get rich trading forex? It’s simple. The biggest secret of all is that getting rich trading Forex IS simple: 1. Win more than you lose.2. Never lose more than your account can afford.3. Compound. Now, do not confuse simple with easy or quick! It takes discipline and patience. If you got discipline and patience, … [Read more…]