Trading Journal

currency trading journal

Monday, May 11, 2009

Bearish price action around strong support/resistance level 0.6000. Also, bearish MACD divergence.

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Posted by Tyler at 10:33 PM

Tyler: skype: ststroud
Trading Strategy: I generally look for price around significant support or resistance levels, and fib ret levels. I primarily trade based on analysis of daily charts, using smaller time frames to fine-tune entries. This is only a journal of my trades, posted after the fact. Do not attempt to use these posts as trading advice. Remember, investing in forex is not an easy way to get rich fast, but a risky market that must be invested in with caution.