Posts Tagged shorting gbpusd
My morning trading system which I am using lately has been working pretty well... the more you commit to it, the more confidence you have in it.. however, it is important to stick to the system to ensure that you are indeed trading the system.. otherwise, you're not trading the system that you think you are... hmm, sounds a bit philosophical!
Anyway, I thought I'd stick to the system and try something new today... I would open two trades at the same entry. The first would target 30 pips and t
April 12, 2010
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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
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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
