Follow the Quest to Turn...100k to 10Million

Discussion in 'Journals' started by billbob, Mar 21, 2010.

  1. billbob

    billbob

    April 04, 2010, 5PM: Shorted EUR/JPY at around 127.87 area. Spread is large (10 PIPS) but I thought to start getting in on short side. Will add more if it goes higher later today or sometime tomorrow.
     
    #21     Apr 4, 2010
  2. billbob

    billbob

    8:20PM: time to take some profits: 1/3 off. EUR/JPY now at 127.47. 40 pips gain.
     
    #22     Apr 4, 2010
  3. billbob

    billbob

    Now is 9:ishPM on April 7, 2010: EUR/JPY is at 124.36.

    Gain is 350 PIPS, draw down on this trade (almost zero). Go check the chart if you doubt. Also, both entry and exit were in real-time (see forum clock), and chart of historic price does not lie.
    I am highlight the above performance on this one trade to reduce the noise from some people who like to insult others for no factual reason. Note that This does not mean I can make such trade all the time. I am aware that one trade is not representative, but I had a slim chance to succeed in making a successful trade live, and I did not miss it. :cool:
     
    #23     Apr 7, 2010