The Pound

[tar]

Hi

In this journal i will trade the Pound :

Type : swing trading .

stops : yes , wide stops .

Charts : simple charts .

Indicators : No .

Broker : Oanda .

Demo or live : Demo but maybe live as well .

Y : many guys find it hard to trade the Pound .

Am i selling something : No .

ps . only users on my contact list can reply . y :because i dont have time .

 

[tar]

Didnt look at the charts , trend is down , sold Cable 50k / 100K USD demo account @ 1.47721 .

 

[tar]

Didnt look at the charts , trend is down , sold Cable 50k / 100K USD demo account @ 1.47721 .

closed @ 1.45554

 

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AUD didnt drop that much , bought 50k GBP/AUD @ 1.62745

 

[tar]

AUD didnt drop that much , bought 50k GBP/AUD @ 1.62745

This trade will cost 8.75 $ / day

http://fxtrade.oanda.com/tools/fxcalculators/interest_calculator

 

[tar]

AUD didnt drop that much , bought 50k GBP/AUD @ 1.62745

Added a stop order @ 1.6290 , should be ready for a double dip !

http://www.youtube.com/watch?v=YWuSi00CcNk&feature=related

 

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AUD didnt drop that much , bought 50k GBP/AUD @ 1.62745

Boring will reenter later , closed @ 1.64303

 

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Boring will reenter later , closed @ 1.64303

This what i call great entry horrible exit ! GBP/AUD now = 1.69

 

[tar]

Long 75000 GBP/USD @ 1.43390

 

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AUD didnt drop that much , bought 50k GBP/AUD @ 1.62745

1000 pip up within 1 week , managed to catch only 15% from the move id**t !

 

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Gbp/aud

 

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Long 75000 GBP/USD @ 1.43390

.

 

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Long 75000 GBP/USD @ 1.43390

closed @ 1.43254

 

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short term trade

sold GBP/JPY 50000 @ 128.567

 

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short term trade

sold GBP/JPY 50000 @ 128.567

closed @ 128.815

 

[tar]

Also this journal can be tracked at Myfxbook

http://www.myfxbook.com/members/Scalper/pound/32342

 

[tar]

long cable 75000 @ 1.43749

 

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Short GBP/AUD 75000 @ 1.73596

 

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long cable 75000 @ 1.43749

closed @ 1.43559

 

[tar]

Short GBP/AUD 75000 @ 1.73596

Closed @ 1.70263 i know maybe it is early but anyway , this trade went against me 400 pips = 2.6 % of the account , no rollover cost because it is a carry trade .