Two days combined, Tue & Wed-30 pips profit again!

Hi Folks,

Hope you all had a great weekend. I couldn’t trade on Monday, since I had to attend a family occasion, and was tied up with work as well.

Tuesday wasn’t great either. I don’t know what got into me, but I took some drastic decisions and kept tight stops. As a result, I faced a 25 pips loss. Even though my decisions were fairly accurate, my tight stops and the moving averages didn’t help. Eventually, I managed to break even, and got around 25 pips more than I lost, which gave me some confidence to face the world today!

Today started well, and my first trade was on FXCM. As you know, the cable was bullish today, and if it weren’t for my tight stop, I would have made some remarkable amount of pips. I set my stop to break even at the same time that some traders decided to take the profit. Resulting in 5 pips profit. Not bad I guess, but I went on to make another 25 pips on FXCB. So 30 pips on a trading day once again, and this time, we are making progress! :)

Here are the attachments:

Lets see what tomorrow holds. Good luck everyone, and have a happy day and a good night’s sleep.

Peace…

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Published in: on January 13, 2010 at 3:03 pm  Leave a Comment  

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