16 December 2008

16-Dec P.3

Well, the rate cut was more than expected. Even before the large move, I had my EUR and CHF hit a trailing stop.

USDCHF, Trailing stop at 1.1406, + 50 pips
EURUSD, trailing stop at 1.3805, + 56 pips
GBPUSD, hit T/P at 1.5400 + 105 Pips
USDJPY (finally), Trailing stop at 89.38 + 46 Pips

I did open an new EURUSD as the price was going up. Probably should have not entered, but I could not resist. To protect my money I decided to put a small Trailing stop, and a S/L at on about 30 pips..
This trade was opened at 1.3958, and Trailing stop hit at 1.3962, + 4 pips.

Thats it for me for the day, unless I see something later.

My total pips today was +223, not bad IMO.

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