My GBP stop loss was hit making the total profit for this trade +94 pips.
EURUSD is closed at the break even price
Euro is not cooperating so I closed this position for the time being.
GBPUSD trade result: +62 pips and counting
Both profit targets were reached. The 3rd unit’s SL is currently at 1.6366
News trade
EURUSD Sell 1.3598 Buy 1.3633
Wd., Jan. 15 morning trade
GBPUSD Sell 1.6398 SL 1.6441 P1= 1.6378 P2= 1.6356
What to do when your trade goes against you?
Just like it happened to me today, sometimes you enter an order, it gets filled then goes a little bit against you and gets stuck in a range. What should you do? After years of trial and error I finally convinced myself to take a loss and go home, so to speak. I know first … [Read more…]
Tu., Jan. 14 news trade results: -60 pips
The price did not move much on the news today. It just went down enough to get me on board before bouncing back. I just closed the position at 1.3678 for a round loss of -60 pips. Unfortunately, there is no way to win every day. When losses do happen I prefer to cut them … [Read more…]
Th., Jan 14 morning news trade
EURUSD Buy 1.3703 Sell 1.3658
Mo., Jan 13 trading results: +121 pips
There was a quick and sweet trade in GBPUSD today. Both profit targets were reached in a whim and I closed the third unit at 1.6353 making a nice quick profit of 121 pips The other orders are cancelled.
Mo., Jan. 13 morning
EURUSD Buy 1.3703 SL 1.3648 P1= 1.3723 P2= 1.3743 GBPUSD Sell 1.6419 SL 1.6451 P1= 1.6402 P2= 1.6481 USDCHF Sell 0.8998 SL 0.9041 P1= 0.8981 P2= 0.8961