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EURJPY – closed on 17 May 10

by Alvin on May 17, 2010

This is my first trade using the new GMA system. This pair presented an opportunity when it crossed below the weekly pivot. I was actually late by a few bars but I still took the opportunity since the price is the same if I entered earlier. I decided to not set a profit target as I want to ride the trend as long as possible. I would use a combination of day highs as well as parabolic SAR as my stop loss points.

This is the biggest win I had trading Forex. Hope I can continue to make good profits from it! 

Sold 1 mini contract at 117.09 on 12 May 10.
Bought 1 mini contract at 114.46 on 17 May 10.

Profits = 263 pips

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{ 2 comments… read them below or add one }

chinesealbumart May 17, 2010 at 7:08 pm

CONGRATS BRO ! :)

Reply

chinesealbumart May 17, 2010 at 7:08 pm

CONGRATS BRO ! :)

Reply

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