EmailCashPro

http://www.emailcashpro.com

Sunday, February 1, 2009

FOREX end-of-week Summary (26-30 Jan 09)


I made some good trades in the beginning of the week, but failed to keep my profit.  Another down for this week.  Next week onwards, I will be taking up a challenge put to me by a senior forum member from Singapore Forex Trader Forum. Basically, I was to used a bigger timeframe to trade and also to have a different set up for my trade.  I realised I had been trading with the wrong risk:reward ratio, hence every time I made a lost I will have to have a few wins to cover my lost. This is wrong strategy!

No comments:

Post a Comment