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Entering another short term trade today 5/14/2012

By Mark So on May 14, 2012

May 14, 2012

9:30PM

I’m entering another short term trade today, here are the details…

Short AUD/USD@0.9975

Stop@1.0035

Limit1@0.9925 (Remove half here then move stops to break even)

Limit2@0.9870

Reasons have been given in the forecast. Read more »

Short Term Trade stopped out -48 pips/lot

By Mark So on May 10, 2012

May 10, 2012

3:58PM

The Short AUD/JPY trade was stopped out this morning -48 pips/lot as Australian Unemployment rate goes to an all time low of 4.9%

This is a case of wrong forecasting as technical set-ups were present. Read more »

Entering A New Short Term Trade Today 5/10/2012

By Mark So on May 10, 2012

May 10, 2012

3:10AM

I’m entering a new short term trade today. Here are the details…

Short AUD/JPY@80.14

Stop@80.62

Limit1@79.72 (Move stops to break even here then remove half of your trades)

Limit2@78.84

Reasons have been given in the forecast. Read more »

Entering an additional trade today 3/13/2012

By Mark So on March 13, 2012

March 13, 2012

12:03AM

I’m adding to the previous trade. Here are the details…

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Short AUD/USD@1.0496

Stop@1.0560

Limit 1@1.0450 (Move stops to Break Even here then remove half of your trades)

Limit2@1.0400

Reasons have been given in the forecast. Read more »

Entering another new trade tonight

By Mark So on March 7, 2012

March 7, 2012

11:10PM

I’m entering a new trade tonight. Here are the details (if you are still up)…almost exactly the same trade as yesterday…

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Short AUD/USD@1.0549

Stop@1.0700 (This is a pretty big stop so if you can’t afford it, do not join this trade)

Limit1@1.0509 (Remove half of your trades here then move stops to Break Even)

Limit2@1.0400

Reasons have been given in the forecast. Read more »