[B]TRADE 43 10/30/14 01:00PM EST[/B]
Entered long immediately after closing my losing short position. At hindsight, it definitely looked like a good decision as price quickly soared to break the 175.00 area. I was skeptic to take a long position since the price was hovering around a strong resistance level. Anyway, here are the details.
Entered at 174.70. Mental SL at 174.45/TP at 175.25 for an excess 2:1 reward/risk ratio. Leverage is 15:1
[B]UPDATE 10/31/14 0842AM EST[/B]
What a night it was for the yen pairs! More than 400 pips was covered in just a span of roughly 6 hours. It went well for my overnight positions too and got me +110 pips average. One position was closed by TP at +70 pips and another position at +150 pips.
Despite profiting overnight, still feel that i could have done better, in other words i could have made more. I mean its 400+ pips going in my direction and I take a measly 1/4 of it? I am pretty sure this is the greedy side of me talking, but i cant seem to budge out of that mindset that i could have done something for more moolah.
One disappointing fact was that i closed my other long GBP/JPY position at 150 pips manually. It was around 12am est and i was still awake because it was Starcraft II night, like every other night it seems Anyway, if i slept earlier and left the position without any TP, i could have woken up to some really serious profits. ARGGHH!!!
:18: Just one of the reasons i love trading. Whether you’re winning or losing, its freaking crazy. How about you guys? How’d you do on last night’s move?