November 12, 2008
By: Lisa
The player will show in this paragraph
Our profit for the day? $5,792.98!
I want to review our trade action from today...
We were short AUD/USD today -- we went short on 2 lots at 0.6538. After the price jumping around a bit, they triggered at 9:02 GMT. After that, we got a little worried as the price continued to jump around, but finally it went down and triggered our Take Profit on our first lot at 19:04 GMT. The trailing stop followed the price drop, and we got stopped out on the second lot about 3 hours later at 0.6397.
We were also short 2 lots on USD/JPY. The prices triggered as expected at 14:02 GMT for 96.95. Just over two hours later our Take Profit got hit at 94.86, giving us a profit of over $1800. The price dropped some more, while our trailing stop moved down. But then the pair reversed and hit our trailing stop at 95.58.
Our profit for the day? $5,792.98! All for about 20 minutes of work yesterday!
Thats our trade review for today! Check out our Angel Pair Picks to see what we will be trading for tomorrow! Good Trading Guys!
