Weekly Trading Result
Saturday, February 13, 2010
Expectation for GBPUSD pair is going good. The weekly target got hit, resulting in +180 pips for a bullish trade. Last week, I set the trade for GBPUSD and you can read about this here. Well, it depends on how trader scale their trade. I play it small because this is the first time I set the trade based on support and resistant strategy.
It make forex trading so simple and fun. You can just set and forget. However, analysis will take a while before you can come out with a trade idea. As for me, I play it on weekly basis because I don't have enough time to watch the market everyday. I have a job so I trade forex as my hobby, more or less as a part time.
I will post another trade idea for next week tomorrow. The strategy will be based on support and resistant. This time, I'll expecting something less than 100 pips.
It make forex trading so simple and fun. You can just set and forget. However, analysis will take a while before you can come out with a trade idea. As for me, I play it on weekly basis because I don't have enough time to watch the market everyday. I have a job so I trade forex as my hobby, more or less as a part time.
I will post another trade idea for next week tomorrow. The strategy will be based on support and resistant. This time, I'll expecting something less than 100 pips.
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