LouDogg's Spot Forex Trading Journal

Well, it is also a much smaller position than I usually take so I can afford to take a few extra pips. Presently, it seems to be making a move back up, but we'll see how it plays out.
 
Quote from Baruch:

OK, I am short. But 29 pips are maybe to much to lose if your wrong?
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Took my profit because of the news from ECBs Trichet - and the market action.
 
Quote from LouDogg:

Taking $$$ off the table is always a good idea.
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I hope so. But sometimes we take out profits to early - because we lack patience?
 
Quote from Baruch:

I hope so. But sometimes we take out profits to early - because we lack patience?
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Ramdon Trader has a point - he's gunning for 200 or 400 pips - not just 30 or 50. If he also used a s/l, I think he could make it big.
 
Quote from Baruch:

Took my profit because of the news from ECBs Trichet - and the market action.
More...

Hi Lou,

Sorry that I use your thread to my own trades - but I just want to inform about what happened next with my trade. When the price came back and broke support, I went short again. I am now flat - with a 77 pips gain - because I must leave the screen, because I have other important things to do, and because there comes economic reports later today.

From now on I will only publish my trades in my own thread.
 
Should have got in earlier. but it still looks good.

Sell Euro/USD at 1.2227
Stop at 1.2237
Initial Target 1.2050
10% capital
 
closed at 1.2237. out 10 pips

Since Sunday, I am still up 60 pips despite a cobined loss of 49 pips with the last two trades.

Looking to buy at 1.2225
Stop at 1.2215
target 1.2285
10% of capital.

I hope I am not just chasing my tail
 
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