Monday, July 5, 2010

First time trading GBP/JPY


First of all trading GY pair is risky yet very profitable.. My first trade ( BUY Blue Arrow) i used 30 pip SL which I should have used 20 pip but in any case it hit my SL then 2nd trade (SELL Blue Arrow) I grabbed aprrox 40 pips.. so altogether up only 10 pips today but .. the sell went almost 90 pips.. i should have trailed it.. in any case.. good trading
NOTE: Today is a holiday in US so market is thin...

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