Wednesday, August 11, 2010

trade updates - sterling and euro

So here's what happened with the two trades i entered in yesterday.

GBP/USD.
i pulled the stoploss over twice during the night. once when spot went below 1.5750, i moved stoploss to 1.5800. Second time when spot moved to 1.5720, i moved stoploss to 1.5760. Unfortunately later in the night, my stop got triggered so i closed the position at 1.5760.
Profit in pips: 54 pips

EUR/USD
As with the cable i also pulled the stoploss lower when spot went below 1.3120. As with the cable, after the FOMC my stop got triggered, so i closed the position at 1.3120.
Profit in pips: 50 pips

overall was a pretty damn good day!! managed to make myself 104 pips!

lets see how today works out!

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