Here's a recap of that Beast. 204.20 to 201.90. That's a whopping 230pips. Again paper traded. But practicing the skill. Days like this remind me i wish i wasn't so tired from work and life so i could watch the action from London to NY. We knew a breakout was going to occur, this thing was very coiled for some time. Then we had UK news, making the GBP stagnant, while the JPY gained strength. My GBP/USD trade got killed by the Beast once it brokeout, but i managed a breakeven.
Again, paper trade...but soon, we're coming up the ranks. Imagine a standard 2lot trade, take the break, run to the s3...scale 1 out there, then add more lots at the second break down.
This is why I am of the belief my monetary goals can be attained.
1 comment:
The GBP/USD trade was live...unfortunately the GBP/JPY was paper traded. O well another one for the books and experience. I enjoyed how it played out, near textbook perfect, with good market coorelation as the yen gained and the gbp had no strength.
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