Friday, October 31, 2008

new trade

cable about to die i think but still there as i write

looking like returns to trend could be in so taking a half position long on euraud from 1.9215 with a 400 pip stop.

this is a low risk trade with upside potential of 1500 pips or more. good risk reward is the key to trading and staying in the game, as I said before I do have a fair few losers trrading this way but the winners far outweigh the losers.

there, cable dead at -200 as i write

Cumulitive Results +1171 Pips since Oct 23rd

No comments: