Posts Tagged gbpusd

GBPUSD – 3rd time lucky – 45 pips bagged

GBPUSD - 3rd time lucky - 45 pips bagged

I put on the same trade this morning, shorted the breakout which was the same trade that I'd put on the last two days. The last two days I had got stopped out on both occasions only to find that the trades would have been successful. Anyway, today, it went right... I had targetted 60 pips but when the market bounced around this level (and didn't hit my limit price).. I got a little edgy and took the price on the bounc at 15165 for 45 pips. However, just a few minutes later, the market breache

April 8, 2010 Comments Off on GBPUSD – 3rd time lucky – 45 pips bagged Full Story

Caught out again – GBPUSD short

Caught out again - GBPUSD short

Hmm, same thing happened to me today. I had a sell at 15233 with a 40 pip stop and a 60 pip target...  the market knew where my stop was and hit it... then promptly fell and hit what would have been my target of 60 pips.. well what can I do? Annoying that it is, that's what happen.. hopefully it won't happen tomorrow!

April 7, 2010 Comments Off on Caught out again – GBPUSD short Full Story

GBPUSD stopped out trade… just! How annoying!

GBPUSD stopped out trade... just! How annoying!

Trading is meant to frustrate.. this morning I had a short trade on and it hit my stop and promptly reversed which would then have hit my target for 30 pips. There are times when a trader thinks that the markets are out to get him (or her) and he (or she) is right!! :) The market knows exactly where the stops are and they will hit them prior to moving in the 'correct' direction. So a loss today.. annoying but that's something you have to deal with if you trade

April 6, 2010 No Comments Full Story

« Older Entries   Newer Entries »