Jumaat, April 04, 2008

Pipkeeper's Trading Journal

USDJPY.

Continuing from yesterday's position, I finally decided to close deal on both of my orders for long USD at 102.50 and 102.29 - close at 102.47 with a profit of 15 pips. Reason, both of the orders were mistake. Once the orders have been put, the market has not making any progress from the orders. I have to mitigate my mistake and by that i have to get out early. Luckily (luck, has no place in trading,.. i guess) the market has moved against my position should i hold any longer.

*This analysis is only meant for Pipkeeper and not for public usage.

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