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First Loss in Months!

September 28th, 2009 Sam J Leave a comment Go to comments

Thursday night/ Friday morning saw 4 trades, things seem to be picking up.

That’s the good news, the bad-ish news is that I finally had a loss.

It was a 33 pip loss, BUT the other 3 trades raked in 26 pips, so an overall loss of 7 pips for the day is what I’d consider a good day.

PAIR | LOTSIZE | PROFIT

GBPUSD | 0.05 | +$1.56

Entry: 1.60622

Exit: 1.60595

PAIR | LOTSIZE | PROFIT

EURCHF | 0.05 | +$7.36

Entry: 1.50796

Exit: 1.50927

PAIR | LOTSIZE | PROFIT

GBPUSD | 0.05 | -$19.09

Entry:  1.60401

Exit: 1.60072

PAIR | LOTSIZE | PROFIT

USDCAD | 0.05 | +$5.04

Entry: 1.09141

Exit: 1.09046

-$5.13 for the day.

On a closing note, there has been alot of negative talk about GBPUSD trading on MegaDroid in this current trend that is going on between this pair.

I’m going to read-up and assess whether on not to let it trade over the next week or two.

Personally I think it’s just because some traders don’t realize that there is no 100% sure way of trading and since this is the first loss in quite a while they are just under-experienced and scared, but who knows.

We’ll see ;)

Happy Trading,

Sam J

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