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Show me the money! [Swing Trading] Need some swing trading ideas? Want to share your own swing trade ideas? If you're the next Jerry Maguire and think you can show us the money, then this thread is for you. Also, discover your Forex trading personality in the School of Pipsology.

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  #1 (permalink)  
Old 03-19-2008, 08:20 AM
FX Baby's Avatar
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Join Date: Dec 2007
Posts: 57
Default GBP/USD Trade 2

Hi all,

I'm gonna be trading the pound today so here is my plan:

sell@1.9935
stop@2.0050

1st target= 50pips (1.9885)
2nd target= I'll let you know

Remeber 2 lots, first lot is 1st target, second lot move to 1 pip below entry after 1st target hit.


Good luck all!
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Old 03-19-2008, 10:24 AM
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I'm watching this trade, you must be in it by now.
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Old 03-19-2008, 12:31 PM
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Default Reply

Hi mate,

I'm glad your smile is as big as mine , but I think you exited a little early.

I always stick by this statement:

FEAR your losses will get much bigger (so cut them off early)
HOPE your profits will get much bigger (so give them plenty of slack)



Happy trading!
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Old 03-20-2008, 08:17 AM
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Posts: 57
Default Trade Update 1

Hi all,

Well its been another nice trade, I've locked in +50 pips and moved the remaining lot's stop down 1 pip below entry (1.9934).

The trade is still going and we're about +120 pips in profit on the remaining lot

Lets see how the trade pans out today.
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Old 03-20-2008, 08:28 AM
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Good job, I knew this was a nice trade the moment you post it.
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Old 03-25-2008, 07:46 AM
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Default Trade Closed

Well yesterday we advised our clients to close the trade at 1.9800 and we we're right The remaining lot made +135 pips!

The Trade:

1st lot= +50 pips
2nd lot= +135 pips

Total= +185 pips

Well I won't be posting for a few weeks now as I've mentioned before its not fair to our clients.

If you want to contact me regarding this trade or anything else, email me:

fxfisherman@yahoo.co.uk




Good luck with all your trading, be back soon with another freebie
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