Ok, I’ve gone long on the USDCHF at 10251 with a trailing 50 pip stop. It’s 20 pips up so far but you never know what happens to the market…  if I close now and bag 20 pips I may feel fab but if it shoots up more, I’ll kick myself. However, if the profits now turn into a loss then once again, I’ll kick myself…. basically you can’t win! You just have to stick to a gameplan and hope for the best.

The previous Forex trade I made on the NZDUSD was like that, I could have taken a 25 pip profit at it hit a main level at 0.7700 but I ended up holding it for a -50 loss.

Let’s see how this one turns out!

Tags: daytrade, daytrader, fibonacci, foreign exchange, forex, long, makemesomemoney, position trader, short, Spreadbetting, stochastics, stock market, Trading, trading blog, usdchf