Thursday, January 28, 2010

1.28

3 trades = 3 wins - 1 loses = +236000yen  +47.2 pips

today I change trading method from scalping to day trade:

USD/JPY starts at 90.00 today, and and I ordered Long at 90.25 and Short at 89.75. because nowadays USD EUR follows trend after it achieves + or - 25 pips on its day, and today it achieves at 90.25, and I thougtht it would be 90.50, and I make TC at 90.50. and that's right trade, +25pips 125000yen.

EUR/JPY follows trend after it achieves  + or  - 50 pips, today it goes + 50 pips. for risk management to think about USDJPY position, I ordered both short and long positions at 126.20 to 22 level, and I make TC +75 pips LC -50pips for both position, and It was right trade, +353500 (+70.7pips) for long position and -249000(-49.8pips)