Wednesday, September 17, 2014

12:40pm

Talk about turn of events. I thought Cable would crash down yesterday but instead it went up. About 40 minutes ago, I closed the Short position from last 2 weeks and entered Long at 1.62771. Though I don't analyze the markets, I still believe the Scotland Independence Vote will be a major event to GBP long term direction.

The closed Short position nets in 253.8pips for a total of US$2842.56, which brings my trading account balance to US$5257.45 after fees and such.

Now for the long trade :

Bought @ 1.62771 with 1.31Lots or $13.10/Pip
Initial TP @ 1.67771 (500pips from entry)
Initial SL @ 1.60771 (200pips from entry)

Account Balance : US$5257.45

All the best
Juf

P.S. Check out my trades here


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