The long GBP/CAD Trade I had open was closed for a 600 pip profit. Not too bad for a few days of trading huh? I did miss my short opportunity though and that is just the way it is in the forex. Before I went to bed I raised my stop and voila The price swung down to hit the stop and I'm out of the long. :-( because I was sleeping I missed my short opportunity near the 88/89 level and thus another good proof of point that I'm not the perfect trader. I will wait now for another long entry since I missed the short
Forex Trading Signals
- EUR/CAD - Buy @ 1.58 zone
- EUR/JPY - Sell @ 130 level - Buy @ 120 or lower
- AUD/USD - Buy @ 63 Zone - Sell @ 70 Zone
- USD/CAD Buy @ 1.20 Zone - Sell @ 1.30 Zone
- EUR/CHF - Buy At 1.46 to 1.48 zone
- USD/CHF Sell @ 1.18 to 1.20 zone
- GBP/USD - Sell @ 1.50 zone - Buy @ 1.34 zone
- GBP/JPY - Sell @ 140 zone
- EUR/USD - Buy @ 1.24-1.26 zone
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Tuesday, December 16, 2008
GBP/CAD: Long Profit Booked - 600 pips!
The long GBP/CAD Trade I had open was closed for a 600 pip profit. Not too bad for a few days of trading huh? I did miss my short opportunity though and that is just the way it is in the forex. Before I went to bed I raised my stop and voila The price swung down to hit the stop and I'm out of the long. :-( because I was sleeping I missed my short opportunity near the 88/89 level and thus another good proof of point that I'm not the perfect trader. I will wait now for another long entry since I missed the short
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