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Wednesday’s currency trade

by Gav Leave a Comment

I made some money today. However, I did not make good trade. I got one late entry of USD/CHF, which I closed the position with +12 pips.ย  EUR/USD is a better trade, first target was hit, I closed half of my positions, but I failed to let the another half run, I was affected by emotion. EUR/USD closed with +152 pips during lunch hour of London sesson. This migh be a bigger winner. All in all, end the day with +164 pips.

Here are the….. CHART!

[photopress:USDCHF1hour14Nov2007.JPG,full,alignleft]

[photopress:EURUSD1hour14Nov2007.JPG,full,alignleft]

Filed Under: Trading Journal Tagged With: FX, Trading Journal

Reader Interactions

Comments

  1. Tom says

    at 1:06 am

    TG: Way to go! I’m glad to hear that you’re selling half and letting the other half ride. Since I started doing that I’ve been consistently making $

    AUDUSD setting up for a rally IMHO.

    Reply
    • Gav says

      at 6:20 am

      Hey Tom,
      Nice to hear from you. Yeah, I found it to be a good idea to protect my profit this way. It makes me feel more comfortable when practicing ‘let the profit run’. ๐Ÿ™‚

      uhm.. I agree with you for the Aussie dollar. But I am not rushing in immediately now.

      Reply
  2. Tom says

    at 3:06 pm

    TG: Way to go! I’m glad to hear that you’re selling half and letting the other half ride. Since I started doing that I’ve been consistently making $

    AUDUSD setting up for a rally IMHO.

    Reply
    • Gav says

      at 8:20 pm

      Hey Tom,
      Nice to hear from you. Yeah, I found it to be a good idea to protect my profit this way. It makes me feel more comfortable when practicing ‘let the profit run’. ๐Ÿ™‚

      uhm.. I agree with you for the Aussie dollar. But I am not rushing in immediately now.

      Reply
  3. Tom says

    at 10:28 pm

    Yeah I’ve been away, concerned with work relate issues like you.

    Reply
  4. Tom says

    at 8:28 am

    Yeah I’ve been away, concerned with work relate issues like you.

    Reply

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My Name is Gav.
I am a Father, Husband, Trader, And Blogger. A serious coffee addict. I started training since 2005, mainly on FX and Futures.

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