Ferrowolf's Den of Trading

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

GBPJPY trades taken 23rd Oct

Yesterday was pretty lousy, kept trying to short the GBPJPY persistently.. lol
No real clear setups or anything even.
Anyway, today’s much better.

First trade I took was by chance I logged in just in time to see the news release for the UK GDP numbers.
very quick +20pips, 1R trade with half position size (adjusted to 0.5R for full position size)

Second trade was taken on the retracement, price came up against the 15min20ema, so I took it short with half a position size and 30pips stoploss.
+60pips, 2R trade. (adjusted to 1R for full position size)

So total for today would be +80pips with 1.5R gain

+350 pips and up +11.64R for the week.

GBPJPY trades taken 23rd Oct

October 24, 2009 Posted by | Uncategorized | , | Leave a Comment

   

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