Wednesday, August 11, 2010

Dinner trade! - GBP/USD

ok so this is probably not the best way to be entering into a trade but i was at dinner, and then checked up on the U.S trade balance which wasn't so good. At that point i saw sterling dropping down, so i decided to go short and entered into the trade at 1.5685. I'm still following the trend so lets see how this goes!

Trade:
short GBP/USD at 1.5685
stoploss at 1.5730 ( previous high)
Take profit 1.5600

here's what i'm going to do. like yesterday i'm going to bring down my stoploss, just before i hit the bed so that my profits get covered.

Happy trading!

No comments:

Post a Comment