18 December 2008

The USDJPY orders I had opened , yes I opened an addtional order (Sell@ 87.72), ended up closing at 87.64, I ended up with +44 pips for Wednesday total of + 522.

Now the bad new...All of my standard trades this morning got stopped. It seems as the USD has hit a turning point.
Here are my closed trades for the day so far. Sorry for no live updates.
EURUSD sell @ 1.4663, TP at 1.4623, + 40 pips (this was a TRO style trade)
GBPUSD buy @ 1.5380, SL at 1.5345, - 35pipss
USDCHF sell @ 1.0567, SL at 1.0581, -14 pips
EURUSD buy @ 1.4561, SL at 1.4481, - 80 pips
USDJPY sell @ 88.21, SL at 89.00, - 79 pips
USDCHF buy @ 1.0704, Trailing stop at 1.0754, + 50 pips

Pip total so far today -118

Lesson so far:
1. even tho the EURUSD TRO style worked out, I still tested a new strategy on my account. I need to test on a seperate account before introducing

2. Markets Reverse, if you see all trending in the same direction, stick your feet in

On another note, I am trying out a new strategy for some semi scalping, so far 2 trades up and 1 trade lost on another account.

TTFN

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