June 1, 2010
By: Danelle
The player will show in this paragraph
298 Pips for $2,943.37
Hi everyone! It's June 1st, 2010 and I want to review our trade action from today...
The EUR/USD made a big drop down. Our first lot triggered at our take profit of 1.2148 for a gain of 110 pips and $1,095.00. Unfortunately, the price reversed. But our trailing stop had followed the price all the way to 1.21535, and we were stopped out for an additional gain of 104 pips and $1,039.
The GBP/USD also dropped, but not very far before turning back up. The orders we had were closed out at 1.44821 for a combined total of 10 pips and $103. Not a great trade, but better than a loss.
Finally, the USD/CAD long trades we had did go profitable. The trailing stops followed the price up, but unfortunately it then turned back and stopped us out. We got 74 pips for $706.37.
Thats our trade review! Check out our Angel Pair Picks to see what we will be trading for tomorrow! Good Trading Guys!
