Well even though in the United Kingdom there is what is called a Bank Holiday, GBP/USD has give me 2 trades this morning and I am currently looking at a possible 3rd. The first trade took a little longer than anticipated. Entry was short at 15244.8 and the exit with 13 points was at 15231.8. I can hear some of you asking why have a 13 point limit. Well my aim is to increase my trading account by 5% per day. For the whole of April I hit the target. Now for May the plan remains the same, and I have calculated that today I need 52 points so 4 trades at 13 point will be good enough.
1st Trade for 13 Points
So now on to the 2nd trade of the day, a long trade which didn’t take too long at all to come along or to take my 13 point limit.
2nd Trade for 14 Points
I have to say that so far this morning it has possibly been the best Monday for a while. When the signals are lined up it isn’t really taking long to get the points I am looking for. Now the reverse of the 2nd trade, the 2nd short trade. At this rate I will have my required points before our American Cousins come on board.
3rd Trade for 13 PointsI am now going to take a well earned rest and will be back in a couple of hours when Wall St opens.
To Your Trading Success
The Investor Guru
Follow me on Twitter
Recent Comments