Friday, April 3, 2009

Winning streak ended.

Entered into long position on GBP/JPY again but lost 100 pips on this trade. Portfolio reduced 2%. Overall portfolio is down 12%. A lot of catch up to do next week. I think i would skip tonight's NFP announcement. The loss was due to my over enthusiasm. I discounted on the other pair's trend. There were few pairs that was not giving a confirming signal when i entered this trade.

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