Well today it's Friday and so far this trade is hanging in there very nicely. This is the day when I decide to take profits on trades or keep them open for the weekend and see what happens. Most time I close them and take profits or losses. This one I think is going to stay open since I'm up nearly 800 pips I'm raising my stop another +100 pips to make this trade 300 pips profit should it swing down and take me out. that should make up for the 300 pips I lost on the GBP/JPY trade a few days ago.
I like trading the Pound and this is why, Big movements, Reactionary impulses make for large pip gains. On the risky side it can cause huge losses if you are not careful.
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