Tuesday, March 31, 2009

March Live Trade # 3 - BUY GBP/USD

Summary for this trade:

1st Lot - +30 pips
2nd Lot - +48 pips

Total - +78 pips



11:36am (Manila)

2nd lot is out with at +48 pips.

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10:16am (Manila)

1st Lot is out at +30 pips.

Moving 2nd lot Stop to breakeven.

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BUY GBP/USD @ 1.4286
STOP @ 1.4218
LIMIT 1 @ 1.4317
LIMIT 2 @ 1.4340

Technical setup formed up for a BUY position. Looking to cash-in on continued retracement which could continue up to 1.4340.

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