March 4, 2009
By: Lisa
18 wins, 6 losses, and up 37.3%
Hi everyone. It's March 4th, 2009 and I want to review our trade action...
Today was a totally crazy day. We took some losses on our initial trades due to some bad fundamentals. Unexpected news announcements can really mess with the trading, can't it? After we got out of those ugly trades, we placed some more trades to capitalize on the market news. So here is what happened:
The AUD/USD went completely the wrong direction. We got stopped out of our trade at 0.6400 for a loss of $1,900.
The same thing happened with the Yen, but our stop loss was limited and we only dropped about $900. But then we got back in on a buy at market and recovered about $140.
Our USD/CHF pair was also going badly, and we got out with a $340 loss. But we went short as soon as we got out and wound up with a positive of over $1,350.
Finally, we went long on the EUR/USD and short on the USD/CAD for some great pip movement and wound up on the profit side by over $2,800.
Our profit for the day? $1,199.36. Our current stats for the month of March: 18 wins, 6 losses, and up 37.3% from where we started.
Thats our trade review! Check out our Angel Pair Picks to see what we will be trading next! Good Trading Guys!
