Latest trade call for 100 pips
Posted on 24. Jul, 2009 by Jakob in Forex Signals
A few days back on July 21st when Ben Bernanke started his speech, I entered on a short trade on the EUR/USD just around 1.4250 with a stop loss of 50 pips, and no fixed take profit level. I closed it yesterday, at 1.4150 for a profit of 100 pips. I took the trade with one % of my account balance on a 50 pips stop loss, which gives me a return of 2% for this trade. All the details of this trade was posted on twitter, and you should have been able to get almost the same entry as me, although my first twitter message came a minute or two too late. You would maybe have gotten a worse entry of 10 pips or so. The reason for using Twitter for this particular trade was that it was not properly planed. So I did not have the time to write a blog post.
I am looking to trade the GBP/JPY or GBP/USD throughout the day; it all depends on the upcoming news. But if you want to follow my moves, you should keep an eye out for me on twitter, as I will probably post the trades I take today (if any) over there.
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