Short USD/CHF and Long GBP/USD Trade

Placed a USD/CHF short trade yesterday at 0.9445 but is still not triggered. Reason: 0.9450 & declining trend line.

Trade did not triggered.


Placed a long gbp/usd trade today at 1.6105. Reason: 1.6100 area & inclining trend line.

Closed this trade with green pips. Better not mess with the Non-Farm Employment Change on 5th September 2012. :)

22/11/2010 Short GBP/USD [Close]

This trade is also mostly based on the Monthly & Weekly RSI. Probably going to take profit fast if it does go down.

Trade: Short GBP/USD
Open Price:1.5970
Stop Loss: 1.6020
Reason(s): 1.6000 Area, Monthly & Weekly RSI pointing down
Caution: Looks like Monthly & Weekly is still on a Downtrend?
Risking: < 0.5%

Result: -50

17/09/2010 Long GBP/USD [Close]

Trade: Long GBP/USD
Open Price: 1.5659
Stop Loss: 1.5528

Result: -131
Comment(s): Looks like I'm trading the wrong way; cutting winners, running losers. Got to work on that...

25/06/2010 Short GBP/USD [Close]

Will the weekly trend line hold?

Trade: Short GBP/USD
Open Price: 1.4906
Take Profit: 1.4750
Stop Loss: 1.5022

Result: -116
Note: What was I thinking? Taking a trade solely based on trendline. Bad decision.

17/06/2010 Short GBP/USD [Close]

Trade: Short GBP/USD
Open Price:  1.4715
Take Profit: 1.4485
Stop Loss: 1.4865

Result: -150

11/03/2010 Long GBP/USD Trade [Close]

Just got in this one. Let's see how this one turn out.

Trade: Long GBP/USD
Open Price: 1.5027
Take Profit: 1.5187
Stop Loss: 1.4863


Result: +164

21/10/2009 Short GBP/USD Trade [Cancel]

Trade: Short GBP/USD
Open Price: 1.6317
Take Profit: 1.6010
Stop Loss: 1.6510

01/10/2009 Short GBP/USD Trade [Close]

Trade: Short GBP/USD
Open Price: 1.5933
Take Profit: 1.5655
Stop Loss: 1.6135



Result: +125
13th October 2009 comments: The candle doesn't look good and price have been trying to go through that zone. Decided to not take the risk and closed for 125 pips only.