Monday, February 19, 2007

Done for the day +33 pips

I setup a short USD/JPY position at 119.58 during lunch time but it did not yield any positive result (-6 pips instead) after holding it for more than 1 hour. Meanwhile, I missed a chance to long GBP/USD at around 3.30 pm due to my other job interests.

I quite like my new daytrading approach. From now on, timing is everything. It is my AIM to get the best return out of the market using shortest time possible (1 - 3 hours max) and less risk exposure (15 - 20 pips).

1 comment:

Stefan T. said...

Good luck with your new trading approach ;)