October 12, 2012 An important facet in trading is to keep an open, flexible mind about the market. That is, trade what you think the market will do rather than what you want it to do. This is especially hard for those who state or publish their outright opinions on how they envision the direction […]
October 10, 2012 Hey everyone, Daft Gorilla here. First off has anyone noticed the date?? 10/11/12 oooh spooky… But not really :P So I am back today with a screen shot of my sporadic trades I made through out the day. I am in the tedious process of training a couple month old puppy (or […]
October 9, 2012 Tuesday’s trade that I’m going to share with you occurred on the GBP/JPY around the 125.45 resistance level. After a period of consolidation earlier during the London session, the GBP/JPY had been in a clear uptrend since 6:45AM EST. However, the 7:40 candle* suggested that the trend was losing its momentum […]
Hey everyone! Daft Gorilla here and this is the beginning of what should be a rather interesting and detailed personal trading blog of mine. “Who is this fool and what do I have to gain from reading this..??” is a reasonable thought to have right about now I suppose, so let me tell you a […]
The forex market was a little bit lighter on volume on Monday due to the Columbus Day bank holiday in the U.S., but there were still quality trade set-ups to be found on USD pairs. I took two trades on the GBP/USD. The GBP had been under pressure since about 5AM EST and had been […]