tojomulali.blogspot.com
Price Action Trading: August 2011
http://tojomulali.blogspot.com/2011_08_01_archive.html
Trade Forex and Stocks by learning to Read Price Action. Wednesday, 17 August 2011. I've been waiting to enter a trade based on the breakout of this long consolidation on GBPUSD and EURUSD. Both have just broken out, already long EUR and waiting for a confirmed peak on GBP. Wednesday, August 17, 2011. Subscribe to: Posts (Atom). Forex online, online forex trading. Forex online trading, trade forex. Forex broker, forex currency, forex software, forex news, forex system, forex market. Forex tips, forex val...
tojomulali.blogspot.com
Price Action Trading: GBPUSD Short entered on downtrend PIN
http://tojomulali.blogspot.com/2011/11/gbpusd-short-entered-on-downtrend-pin.html
Trade Forex and Stocks by learning to Read Price Action. Monday, 21 November 2011. GBPUSD Short entered on downtrend PIN. Update: Profit target was hit, 139 pips banked. Showed a possible down move on cable, so I entered short below the low of the pin. I have trailed the stop down to entry and now below entry with a few pips of secured pips if the market decides to rally back to test resistance. On fig below is GBPUSD with green line as my entry and red lines as stop and profit taking target. Global fore...
tojomulali.blogspot.com
Price Action Trading: December 2010
http://tojomulali.blogspot.com/2010_12_01_archive.html
Trade Forex and Stocks by learning to Read Price Action. Thursday, 9 December 2010. Links to US stock and index Charts. There's a lot of data out there, a quick way to get a gauge of the market is to use these free reqources and summary short cuts. Click here to view all the major US index's. And the DOW 30 stocks. Thursday, December 09, 2010. Subscribe to: Posts (Atom). Forex online, online forex trading. Forex online trading, trade forex. Forex tips, forex valuta, forex managed accounts, forex pips, fo...
tojomulali.blogspot.com
Price Action Trading: November 2011
http://tojomulali.blogspot.com/2011_11_01_archive.html
Trade Forex and Stocks by learning to Read Price Action. Monday, 21 November 2011. GBPUSD Short entered on downtrend PIN. Update: Profit target was hit, 139 pips banked. Showed a possible down move on cable, so I entered short below the low of the pin. I have trailed the stop down to entry and now below entry with a few pips of secured pips if the market decides to rally back to test resistance. On fig below is GBPUSD with green line as my entry and red lines as stop and profit taking target. Enter short...
tojomulali.blogspot.com
Price Action Trading: Stay Hungry, Stay Foolish by Steve Jobs
http://tojomulali.blogspot.com/2011/10/stay-hungry-stay-foolish-by-steve-jobs.html
Trade Forex and Stocks by learning to Read Price Action. Friday, 7 October 2011. Stay Hungry, Stay Foolish by Steve Jobs. A very inspirational piece by Steve Jobs (Stay Hungry. Stay Foolish). Http:/ news.stanford.edu/news/2005/june15/jobs-061505.html. Friday, October 07, 2011. Subscribe to: Post Comments (Atom). Forex online, online forex trading. Forex online trading, trade forex. Forex broker, forex currency, forex software, forex news, forex system, forex market. Global forex, forex reviews, forex rob...
tojomulali.blogspot.com
Price Action Trading: Short GBPUSD on PIN formation
http://tojomulali.blogspot.com/2011/10/short-gbpusd-n-pin-formation.html
Trade Forex and Stocks by learning to Read Price Action. Monday, 3 October 2011. Short GBPUSD on PIN formation. Trend in GBPUSD is down with lower highs and lows. PIN has formed 8MA zone creating a high probability short trade. Trade is still live, entry was below first candle with stop abve pin high. Target is at close area of last significant low. Half position has been taken off and Stop has been moved to breakeven, so nothing to lose now. Monday, October 03, 2011. Subscribe to: Post Comments (Atom).
tojomulali.blogspot.com
Price Action Trading: Short NZD on Reversal Candle
http://tojomulali.blogspot.com/2011/10/short-nzd-on-reversal-candle.html
Trade Forex and Stocks by learning to Read Price Action. Monday, 3 October 2011. Short NZD on Reversal Candle. Trend is clearly down with MA crossing down, and lower lows and lwer highs. NZDUSD formed negative reversal price action indicated high probability of further downside falls. Stop loss was above high of pin and entry was below negative candle. Target is red line, 2 times the initial entry and stop difference. Half position already closed, take profit set to close remaining position. Global forex...
tojomulali.blogspot.com
Price Action Trading: PIN price action on GBPUSD
http://tojomulali.blogspot.com/2011/11/pin-price-action-on-gbpusd.html
Trade Forex and Stocks by learning to Read Price Action. Saturday, 19 November 2011. PIN price action on GBPUSD. This looks like a good text book price action set-up. Price is currently trending down with lower highs and support has been broken the downside. Price has now taken a breather and re-tested its previous support which is now action as resistance. Strategy 1 - Risk 2% of trading account. Strategy 2 - Risk 1% of of trading account. Strategy 3 - Risk 2% of of trading account. Forex brokers, forex...
tojomulali.blogspot.com
Price Action Trading: September 2010
http://tojomulali.blogspot.com/2010_09_01_archive.html
Trade Forex and Stocks by learning to Read Price Action. Wednesday, 1 September 2010. Harsh realities of financial markets. Here are some harsh realities of the financial markets. Leaving your money in the bank is costing you money, savings rates in the UK, Europe and US are at or near 0 and are not going to move any time some. The true inflation rate is moving higher. Those that still have a job or business will find that taxes will increase, regulation will increase and you're going to have to work har...
tojomulali.blogspot.com
Price Action Trading: March 2011
http://tojomulali.blogspot.com/2011_03_01_archive.html
Trade Forex and Stocks by learning to Read Price Action. Thursday, 31 March 2011. Banked Pips on Breakout of Fibre. My trade was kept open although I did think about closing the position yesterday. Since EURUSD made a minor higher low on the 4 hr chart and looked stronger than GBPUSD, I kept the Buy Stop order open. I'd say I followed the trading plan and stuck with it, a good trade all around. My immediate risk after entry is 16 divided my 57 pips, gives me a 3.5 risk to reward trade. Only problem is we...