Thursday, May 7, 2009

GBP JPY- 10:24ET- trade sequence.

Another two-trade sequence. First trade was an 18 pip loser (15 pip stop with slippage) on 15k. didn't take the first trade in the sequence as I was waiting for too much confirmation and missed the entry (was a winning idea). Second trade was a 12.3 pip winner (7 pip stop) on mistakes here.

There were more entries which would have made this sequence more profitable but I'm in a phase of building confidence in my ability to act consistently in the face of uncertainty.

So far so good.

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