I don’t know, with oil over 132.00 a barrel, and the EUR/USD inching up, I felt it was time to place another buy. This time 2 lots @ 1.5800 and a stop @ 1.5700. Hopefully, I won’t lose on this one either. … Read entire article »

Today, I walked in the office and closed my buy position @ 1.5753. I made $52.00. Again, my strategy is to close out profitable positions. $52.00 doesn’t seem like a lot but if I had enough money in my account, I would have bought more lots. 2 lots = $102.00 3 lots = $154.00 4 lots = $208.00 5 lots = $260.00 Next paycheck, I hope to add more to my account so I can place a two lot trade. If I have a 100 pip stop, I will lose $200.00 only. … Read entire article »