Monday, December 28, 2009

Trading Day 1

DAY 1;

I have to admit, this is probably the most boring and slowest trading day I have ever had since I started trading Forex. Low volume and tons of holidays surrounding it make this all happen. With Christmas and Boxing day behind us and the Japanese on hold, not to forget that new year's coming up, I couldn't have picked a slower week to start this project. I did get a lot of technical analysis done. Not only for the pair I usually follow (EUR/USD) but also USD/JPY, GBP/USD and USD/CAD, but no matter where I looked it was pretty hard to find an entry point. So far I haven't entered any trades, still hesitant for fake outs in the markets. I'll try again tonight and tomorrow I'll write another post.

TRADING RESULTS FOR TODAY:

- no trades entered

Keep you posted!

Disclaimer:

All opinions expressed, trade recommendations/advice on this website are solely of John van der Munnik and are not affiliated with any investment firm or any other organization. You should not make an investment only based using this website VDM Trading for your trading needs without seeking help from your own financial advisor.