Welcome to Matt Sharp's Blog. This is all about TRADING. Trading the FOREX market and TRADING the Indicies such as the S&P and Dow Jones. We're talking "Day Trading" so we're in and out in maybe just a few minutes, sometimes a few hours but no more. And, YES, it is PROFITABLE so take a read....... You can IM me at "mattrsharp@hotmail.co.uk" and I'll respond asap

Over 100 pips on Cable (Gbp/Usd) so far…..

The trades on the Dow were the usual stuff and up 10 tics after 2 trades so done by 9.40. Cable actually gave a losing trade for thse in the Uk and trading early but later gave a winner with one contract and the 2nd contract still running and now up 96 pips on that, plus 15, less 20 lost= 91 pips up. Cable video here and Dow here

This entry was written by ForexDayTrading and posted on August 27, 2008 at 11:05 am and filed under Trading Forex, Trading Indicies. Bookmark the permalink. Follow any comments here with the RSS feed for this post. Post a comment or leave a trackback: Trackback URL.

One Comment

  1. Frinel Fainaru
    Posted August 31, 2008 at 3:57 pm | Permalink

    An observation on the Aug.27 chart: At 10.15 there is a slight hesitation by a black bar. There is no Upbar to qualify a continuation trade but the trend down looks strong with more momentum to go. An entry just below the blackbar (which is not an Upbar) would be a win trade. The Stop Loss can be less than 20 pips at the peak of the red bar at 10.00 AM making the trade less risky. I know this is not in the course. Would this trade be acceptable to be taken in these situations?

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