new trade
No one ever said forex was easy money. Our GBP/USD trade hit it's
1000 pip stop/loss which we knew would eventually happen. If you
followed proper money management rules that was at most a 10% loss
on your account. Over all the market has been bullish on the dollar
we do expect this to reverse and we will watch for the reversal. We
have already seen a big slow down from the previous week.
One pair has reversed and we have placed a trade on that pair.
Sell Stop USD/JPY 108.50 with a 500 pip stop/loss. Only risk one precent
of account balance on this trade.
Have a good pippin day,
Jackie
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