DislikedI'm following you in your method.. I like it as i'm on the same broker as you so no need for another chart software. Also it's prtty simple to follow.. I've lost on the gbpusd on the trade of the begiining of the week but i keep following you.Ignored
The market has been pretty tough this week! It's interesting that you lost the GBP/USD trades as I am going to report profits on those trades right now. Anyway, I wish you luck, and I'm glad I have helped you.
Regards,
Kevin
Ok,
Both GBP/USD lots have been liquidated.
Liquidate Long GBP/USD @ 1.94499 = 88 pips or 2.72%
Liquidate Long GBP/USD @ 1.94499 = 129.2 pips or 3.76%
Since 3/8/07:
Total Pip P/L: -331 + 88 + 129.2 = -113.8 pips
Total % P/L: 2.96%
I'm happy that I have won a couple of trades, but at the same time, my two JPY crosses have been playing games with me all week, so hopefully those will get their act together, but if not... OH WELL
I also find it interesting that I have negative total pips but positive account balance.
Best wishes,
Kevin
PS
I thought I'd add my thoughts on GBP/JPY and USD/JPY:
I have attached both my charts for visual indication.
GBP/JPY has had some trouble trying to break the 3rd fibonacci arc, but has succeeded in doing so today. I envision this pair going UP! Of course, I may always be wrong..
USD/JPY on the other hand is on its way down testing both arcs 2 & 3. As you can see, it is not pushing through with any sort of confidence which leads me to believe that it ALSO is going UP!
This has been Kevin's Analysis of GBP/JPY and USD/JPY I hope you've enjoyed it.
PPS( or whatever it is) My birthday is in 4 days on the 20th, and I just so happen to accept paypal
Attached Images