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Authors’ Note:

All the entries here are made post-trade. I’ll not be posting real-time as this distracts me from what I’m doing with the markets, my job and everything else I’ve got going on. I’ll post winners and losers, but I’ll not post every single trade as sometimes they’re not worth it, but overall I’ll aim to have a good balance of trades posted. Nothing here should be taken as a recommendation to trade.

 

21 May EUR/JPY Long

Quick trade here, long from 13086 with a low risk entry, buying into the pullback and aiming for a measured move north to around 13108 or thereabouts. In the end I closed half the position for a small profit and the rest for an even smaller profit as price receded. It may go back up, but the point is, as I said a few entries ago, not to be right but to hear the cash register ring.

 

 

 

22 May: the great leveller

It was bound to happen sooner or later, and today was the day. I got hit on three trades. A Dax30 long (you’ll look at the chart of that today and wonder how a long went against me but trust me, I was unlucky in my position timing and placement), a EURCHF long and a EURUSD long. However, two good trades on USDJPY and SP500 long out of the doors this afternoon take some of the sting out of it. However we are net negative today and it’s likely to stay that way unless something amazing happens this afternoon.

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Please note this article does not constitute investment advice. Investors are encouraged to do their own research beforehand or consult a professional advisor.

Matt Vann

Matt has been trading for over a decade, trading with various forms of Futures, Spread Betting and occassionally, CFDs. He'll trade limited markets including Indices, Currencies and selected Commodities such as Silver and Natural Gas.

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