Monday, November 16, 2009

16/11/2009 Short GBP/JPY Trade [Cancel]

Trade: Short GBP/JPY
Open Price: 148.25
Take Profit: 145.91
Stop Loss: 150.57

4 comments:

payment reflections said...

How much are you in profit so far. I am trading all your signals since one of my accounts was almost wiped out at $35 now at $73by folllowing your signals. Hope to see good the trades in time. From now on I for one trust your trading method (if there is one :)

Sky said...

Hi there, I'm more like break even. Been up and down and up and down since i started this blog. It's good if you could trade smaller. Don't be shock, but i only trade $0.01 per pip because I'm still learning, my friend. I will only increase when i have the confident. Might not want to count on me too much. I can see that I'm bad in closing a trade. Probably I'm aiming too high. :) I recommend you to read the "Silence Service Method" by clockwork71 and "James16" thread in Forex Factory. Good luck!

payment reflections said...

I kind of sense when to close your signals, but I become emotional when it comes to letting my own trades mature. That's why I only trade your signals from now on on this account. And yes, I also trade 0.1 per pip. But imagine that I got from $500 to $35 that's how worth I got. The trade from this post I closed it when it in profit with +$1.5 and I sensed something not right about it, then I closed it.
As I said, I am better and colder in my actions when it's not my strategy, and I don't become emotionaly involved.

Sky said...

I understand the emotional part. It's hard.. I'm at the learning phase, so follow at your own risk buddy. You've read it wrongly, it's $0.01 per pip. :) I hope with this blog, i could learn from my mistakes.. probably you could learn as well.. G'luck!