"Take Risks: If you win, you will be happy; if you lose, you will be wise. Nothing ventured, nothing gained."

Wednesday, March 7, 2012

Meat of the Move

Aud/Usd. Smooth downtrend, but we can't always get the full move, good enough to get the "meat of the move", or it could probably be just a bite, we never know. +51 pips.

A close call here for Gbp/Usd. Went against my trade, but did not close my position before stop/loss because I am trying maintain discipline, I told myself my stop/loss was placed before resistance so trust it! Went back down and close it out one half hour into New York session at profit. +51 pips.

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