Today 2 position closed, 1 win and 1 lost but overall is 30 pips WIN.
Although todays result is like last Friday performance, im happy that this time i touched my TP for GBP/USD and although i lost at EUR/USD pair, after see where the market goes, i understand the importance of putting stop lost. Its better to lose -30 pips than losing -130 pips.
GBP/USD
After we see todays movement, i predict that this week, market will retrace to 1.9585 before it bulls again to 1.9740.
EUR/USD
There is very strong suppport at 1.5360 in EUR/USD. Although it pierce the price and triggered my sell stop position at 1.5355, it cant break the barrier and market reverse more than 100 pips and im glad to put my stop lost at 1.5385.
im happy that overall i win today.
Monday, June 16, 2008
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