Thursday, May 31, 2007

Still on Gbp/jpy

Still shaky on gbp/usd, i opt stay out.

Continued my swing on gbp/jpy but a slightly narrow range, missed the ride down. Moved 200++ pips, didnt feel bad abt that trade. Was too tired to make decision and decided to let go.

Opened 2 trades long next day. Re-adjusted stop on 1 trade, had to go out. Hit stop but still profit. Stopped out on usd/cad(-30pips), at least i have another gbp/jpy trade stillopen, will move stop lvl to lock in profits while maintain profit target 2.

Multiple US data lined up for tomorrow, opportunity awaits!

Result: +31pips

"May the pip be with us"

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