note: the afternoon GBP/USD trade performed well. The price went straight up to 1.8727 before reversing. The reward was 80 pips (minus about 5 pips spread, equals 75 pips profit) , and the risk only 12 pips, including the spread. That makes a reward : risk ratio of 6.25 to 1. With a risk factor of 10%, in a 200:1 mini-account, the return on total capital would be 62% through this trade. Do that once a day, and you will be rich quite soon!
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Hey, if you want to have fun, then try buying GBP/USD now at 1.8620, and hold till 1.8700
Jump out if it goes below1.8613
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Hey, if you want to have fun, then try buying GBP/USD now at 1.8620, and hold till 1.8700
Jump out if it goes below1.8613