Ferrowolf's Den of Trading

Still building my humble Den, so please bear with me, it'll be done soon! =)

GBPJPY 2nd trade taken 21st Oct

Another overnight trade, but the confluence of events struck me as strong enough to be right.
Since this trade was against the strong upward momentum, I should have been more conservative with my money management and take 50% off at 40pips instead of just moving the stoploss.
Basically, out at breakeven. zero pips, zero R trade.

Explainations on the charts.

GBPJPY 2nd trade taken 21st Oct

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October 22, 2009 - Posted by | Uncategorized | ,

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