ETX Capital: Beat the Broker Day 2, 24th June 2014
June 25, 2014 7:48 am
A good day trading yesterday with a 10% increase in my liquidation value. Yesterday’s core positions included going short on the UK 100 index and USD. I tried to enter EURUSD but got stopped on tight stops a couple of times, until eventually getting the position onside and moving my stops up.
Added to short USD later in the afternoon, and going long on cable then adding again on a dip. As I left the office markets moved in my direction as Wall Street failed to make any move upwards. It is now 26 days since the S & P moved by more than 1% which has not happened for over 20 years.
I have tightened up my stops and have some limits working to take profits on cable and EURUSD. I’ll let them run at the moment and see how the day develops
With German IFO figures at 9.00 BST, I’ll be looking to trade the DAX later today.
A good day trading yesterday with a 10% increase in my liquidation value. Yesterday’s core positions included going short on the UK 100 index and USD. I tried to enter EURUSD but got stopped on tight stops a couple of times, until eventually getting the position onside and moving my stops up.
Added to short USD later in the afternoon, and going long on cable then adding again on a dip. As I left the office markets moved in my direction as Wall Street failed to make any move upwards. It is now 26 days since the S & P moved by more than 1% which has not happened for over 20 years.
I have tightened up my stops and have some limits working to take profits on cable and EURUSD. I’ll let them run at the moment and see how the day develops
With German IFO figures at 9.00 BST, I’ll be looking to trade the DAX later today.
Risk warning: losses can exceed your deposits.
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