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

Friday, April 26, 2013

Judgment Call


Gbp/Usd: Short trade.... long yellow lines are my imaginary support and resistance lines. Consolidating for a while and pooof.....

I closed the trade 10 pips short of my take-profit.. and one of those times my gamble is correct. The further it went was 5 pips short of my take-profit.

Orders for Aud/Usd at 1.0200 did not hit.

Very tired from work..

Black.

Saturday, April 6, 2013

Lucky but Backside Itchy


After the Cockteaser 2, I decided to close my short position for Usd/Jpy as it went down a little bit when I had the chance, it  was just before BOJ Monetary Policy Statement and I didn't had good feeling staying in this pair. Closed out +156 pips before the announcement.

Lucky I was, it shot up about 200 over pips after the news release, if I had stayed it would have been another pierced into the ass stop-loss, phew.

I remained watching this pair for an hour or so closely, until I thought the momentum was slowing down, I wanted to grab a bit of retracement. You can call it greed, or itchy backside. It didn't went down a bit, but hit my -50 pips stop-loss later in the day.

That's it for the week. Stayed at the sidelines for NFP.

Happy weekend.

Black.

Thursday, April 4, 2013

Cockteaser Part 2


Usd/Jpy current position.. another cockteaser which frustrates me a bit.. 5 pips away from take-profit and by the time I checked back it went far away. Manually trailing stop at the moment. 


Stop-lossed Eur/usd last week at -61 pips. Bad bad.

Might close out positions before NFP.

Black.
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