Sorry for my (little number of) readers, I had to stop writing posts in the blog for the past 2 months... I had some trouble with my stocks, now I still remain motivated for Forex. See you soon, I'll be back !
Tag - losses
Thursday 22 January 2009
2009... end of losses, welcome back to Forex
By Charles on Thursday 22 January 2009, 10:55 - General news
Friday 19 September 2008
Day 1 : EURUSD
By Charles on Friday 19 September 2008, 14:54 - My first steps into Forex
My first transactions are on EURUSD, which seems to be the most popular pair.
EurUsd The EURUSD pair confirmed a previous support at 1.4100 before an impressive intraday bull run to 1.4380 levels – confirming the 61.80% retracement support at 1.4115 levels from the bullish move started Sept 11. Breaking initial supprt at 1.4250 and settling at the end of day on the 23.60% retracement at 1.4340. Initial support seen at 1.4280, then 1.4180. While upside resistance at 1.4500 which then leads the way for 1.4800 levels – end of August Levels.
I read a few news (see above), USD seems to go up : unfortunately, I've lost 876€ in 1 hour... (between 2 and 3 in the following chart)
What do you consider as the best strategy for me : work on quick (<1h transactions) or longer ones ?
More details to come 
