Monday, April 27, 2009

50 pips Trailing Stop on GBP/JPY

This trade ended on a trailing stop loss. Entered quite early and it took 2 hours before it moves in my direction. It goes down to 145 pips at one point and had a major pullback about 5 hours after entry. Though the indicators still showing no signs of reversal but it still a good gain. Increased portfolio by another 1.4% through this single trade.

Expecting a better result tomorrow. Cheers.

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