GBPJPY trade taken 9th Sept

There were a couple of consolidations which I was following in the afternoon.
Like the consolidation on the EURUSD and the false break on the USDCHF
They made their move in the evening while I was out, both resulted in fantastic moves for great risk/reward ratios.
I took a trade on the GBPJPY very early in the morning.
resulted in yet another 0.5R trade.
I’m considering changing my money management strategy to just take everything out at 1R targets.
However, looking at the great setups which I should have been taking yesterday and today, I felt that this warrants more thought.
If I were to take everything out at 1R, I would have no chance to capitalize on the huge market movements.
But at the same time, I’m leaving many many 0.5Rs on the table just to catch the big moves.
Either I get a strategy for catching bigger moves or I try using a different money management approach.

Anyway, it’s the 9th of Sept 2009, or 09-09-09
A lot of happy blissful couples ROMing today =)
Congrats to all of them!

Explainations for the GBPJPY trade on the chart.

Forex trades today 30th july

I did a couple a trades, one was entered last night, another was entered near midnight tonight.

USDCHF and GBPUSD explainations on the charts.

As I type this post, the GBPUSD trade is still open.