EUR/CHF Interesting Currency Pair

THE EURO / SWISS FRANC CURRENCY PAIR
EUR/CHF

A very interesting pair.  One of my discoveries this week.

When the EURO strengthens the pair has the tendency to go up since the EURO is stronger than the SWISS FRANC (CHF).

When the US stengthens, the USD/CHF PAIR shoots up, therefore the EUR/CHF pair still has the potential to go up since this time around the SWISS FRANC is weaker than the EURO.

Ready to Give Up?

I'm ready to give up, but not quite giving up yet.

That reckless trading day, started a series of events that led me to this fortune plant.  It's an indoor fortune plant.  Hopefully it'll bring me some good luck trading Forex for the rest of my life.

I created this blog not only to serve as my trading journal but also so that some of you who are thinking of taking up Forex to trade for a living can have a legit reference on how it's like trading the forex market.   I hope my articles have been helpful somehow and for the sake of transparency you can view my forex trading performance in this page.

Reckless Forex Trading Day

Pips Be With You!

When I say this to you, it's your turn to reply back and say "Pips be with you too!"

I haven't gotten that much replies back since the PIPS have not been with me this week.  Or maybe they have been with me but on the negative side. huhuhu 

Reckless Trading

The start of this week is the most bloody experience in my Forex trading life.  I have been trading recklessly.   I thought I wouldn't be susceptible to emotional trading given my experience in stock trading, but I was wrong.  At one point, my usable margin was down at only 40% of my account and I had lots of several positions open at one time.  Every time one of the trades goes against me, I kept thinking about whether I would get called on margin.  Suffice to say, I didn't sleep very well last night.

The nightmares have started.

Wrong Call

Forex Trading: 3rd Trade Up +158 PIPS!

--> A quick post to recap what happened during the week.

Here's the 3rd trade results using a demo account.  Went long on USD/JPY and USD/CHF copied from my awesome mentor!  Yes, I'm really liking my mentor for now.  I'm still on honeymoon stage so there's really nothing to dislike for now.

Click to enlarge - 3rd FOREX Trade (Demo account)