Archive for the Trading Category
As I mentioned last night, I had gone long on the GBPJPY at 174.21 with a 50 pip stop loss and a 45 pip trailing stop. I had correctly picked the right direction and the market went up.... my trailing stop went up also to capture profits. The market hit a short term peak at 175.00 before it started to fall and caught my stoploss which at this time has moved to 174.58 netting me 37 pips. This was quite annoying as at 175.00 it was a 79 pip profit. Then, not soon after hitting my stop, the market
October 21, 2008
No Comments Full Story
I just went long GBPJPY at 174.21 with a 50 pip stop loss and a 45 pip trailing stop.. the market has come off pretty strongly and I am expecting a countertrend bounce as the market seems to have found a temporary bottom between 173.60 and 174.00.. the over trend is down however so this is quite a risky trade. However, if the market does move up, I am expecting quite a handsome reward (that's if I can hold onto the trade!)
October 20, 2008
2 Comments Full Story
I just closed out a couple of trades for a +37 and +49 profit... I have already broken the rule from my previous email which says that I should run with winners and close out losers. I have closed out my winners here but at least, it was in profit.
October 15, 2008
No Comments Full Story
« Older Entries
Newer Entries »
