Tuesday, April 27, 2010

Second Consecutive Profitable Day: Weak Euro sentiment

Gained almost 10% today from 3 trades. Yeah...have not been so prolific for a long time. Shorted EUR/USD and GBP/USD (twice) during the Euro session. Though at one point my first GBP/USD short trade was running at -25pips, I had to remind myself that my setup were spot on and it just a temporary pullback. True enough, the trade did hit my PT almost 2.5 hours later. Earlier my EUR/USD trade also hit my adjusted PT of 20 pips (50 pips if I did not adjust the PT). This is the second consecutive winning days I have had for a long time. However, I need to remain focused and calm with my approach. Be consistent.

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