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Forex Asia Academy 2009

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Monday, February 11, 2008

8 pips! Huat ah!


On the first official work day after CNY, I entered into USD/JPY and USD/CHF in my Raffles Place office. The USD/JPY exited at predetermined stop loss with a 17 pips loss. Subsequently, I went to The Cathay for meeting and exited USD/CHF with a 25 pips gain.

USD/JPY - Short @ 107.06, Exited @ Predetermined stop loss @ 107.23 (17 pips loss)
USD/CHF - Short @ 1.0988, Exited @ 109.63 (25 pips gain)

Total pips gained: 8 pips (Huat ah!)


p/s: Anyway, I'm buying into long swing for USD/CAD after reading that Warren Buffett is investing a lot on the Canadian Dolla on a Forbes article. Here's the link to this Forbes article.

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