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My Forex Trades on Mobile Device (IPhone)

As I didn't have Internet Connection for a couple of weeks and I didn't want to stop trading I tried to use my IPhone for Forex intraday trading.

Many brokers provide mobile trading platforms now, which are usually not enough to analyze charts thoroughly. My Forex broker has a pretty good application for IPhone, as well.
I can log in to my real account to see, modify or close my existing trades, positions and orders or/and I can open new trades with Stop Loss and Profit Target order, as well. It has a basic chart function, too, with all the time frames (from 5 sec to daily chart) and with all the currency pairs available.
Trading on IPhone -for me- is still remained for 'emergency situation' only. It's very good for 'back up' system, or just checking my trades; but to make carefully thought out technical trading decision it's simple not enough for me. The information carried out by the basic candlestick charts without any drawing tools on a 3.5 inch screen limits my trading opportunities.

All I could do is to scalp trade candlestick formations and patterns and to catch the breakouts (major support and resistance levels). Considering that operating the small touch screen is not as easy and quick as a full computer with double screen and decent pointing device I could only trade the middle and longer time frames - mainly on hourly and daily charts.

It was a nice experimenting period with a couple of great trades. But to tell the truth I had much less (numbers of) trades than I had under 'normal' circumstances.



Mobile Trading Platfom (IPhone) with rates and basic candlestick chart - vertical position

Mobile Trading Platfom (IPhone) with basic candlestick chart - horizontal position

EURUSD short 141 pips profit USDJPY long 41 pip profit XAUUSD (Gold) still increasing

XAUUSD 8855 pips profit, not bad, huh?

*screenshots from my IPhone screen during trading on my Forex Broker Mobile Applicaton (Mobile Trading Platform)

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