Monday, June 23, 2008

Trades for Tonight - Monday June 23, 2008 - 9:20 pm EST






So I am up about 35 pips for month to date. The GBP/USD closed for an 80 pips profit as I closed it in the morning around 7:45 am. I should have left it open in which case I would have made the full 85 pips profit. I cancelled all other trades as none of them executed. I forgot to close the AUD and NZD trades open since last week which turned negative and hence the slight loss for the day. These are still open and against my better judgement I will let them remain open.


If any of your trades do not execute in the morning just cancel them.


I would suggest you close out all your trades Friday evening before close of trading day or during the day.

The above is a snapshot of my practise account as of tonight. From time to time I shall upload the status of my account balance. Unfortunately I am not able to upload pdf files on this blog else I could have posted the details of the transactions.
The new trades for tonight are :
USD/JPY:
Buy: 108.10
Stop: 107.40
Limit: 109.10

Again if the trades are in the positive and you happen to be in front of your computer around 11:30 am feel free to close them if you so choose. I trade 1 lot at a time for the moment, unless I specify otherwise. Please place the trades BEFORE MIDNIGHT EST but after 11:00 pm EST provided the prices have not been breached already.Should you have questions feel free to email me at myforexdna@yahoo.com Should you be interested in a particular topic and would like me to post my thoughts let me know. If I am not comfortable but know of other resources I will be happy to point you in that direction. God speed and good luck with your practise trades.
I have also posted some free systems for you to use and test at http://www.myforexdna.collectivex.com/

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