Thursday, May 13, 2010

One good trade is better than 4 bad trade

Yesterday, there were a total of 4 trades, all 4 of them were wrongly setup. Three trades managed to scalp 10 pips while the last trade, USD/JPY closed with 24 pips loss. Another frustrating day, damn...
XO#@#XX%#@%OX

But today managed to recover some losses this week. Shorted GBP/USD at GMT 8:30 today and closed with 40 pips gain. The pair has continued to trend lower at the moment of writing. In fact its 150 pips lower than my closing price.

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