Tuesday 31 August 2010

GBP/USD Week 5

1st Trade

4 hour chart - price also below the alligator

Elliot wave count - no idea hehe












Close my 1st Trade
Sell at 1.5452, close at 1.5410, a total profit of 42 pips.

Reason: no technical reason hehe. price move too fast, a lil bit scared, more of a psychological call, secure some of the profit. got to admit, it's hard to ride the trend until the end :) might miss this trend though :(

I'll jump back in when there's a correction, well there will always another opportunity, when your in doubt better to take the profit..




1st Trade update (no position)





This is what happen if i follow the rule... hehe

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