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Forex Asia Academy 2009

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Thursday, April 17, 2008

Another 50 pips within 72 minutes!

GBP/USD - Long @ 1.9848, Closed @ predetermined stop loss 1.9898 (50 pips)

This is the strategy I taught at my Forex Mastery Asia preview session.

43 Pips in 3 hours!


Just went into the trade when I got home from my reservist training... My entry was slightly late, and hence the stop loss is greater than profit take. But, fortunately, this trade turns out to be a small winner.

GBP/USD - Long @ 1.9801, Closed @ predetermined profit take 1.9844 (43 pips)

Before I Went Outfield on Tuesday...

Before I began my outfield training on Tuesday late afternoon, I entered into a trade when I was listening to our exercise briefing by my medical officer in my BCS store (yup, I'm a medic!).



GBP/USD - Long @ 1.9729, Closed @ predetermined stop loss 1.9700 (-29 pips)
GBP/USD - Short @ 1.9719, Closed @ 1.9650 (+69 pips)
NET: +40 pips

It's once again an 'Options Straddle' Trade.
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