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Trade #38: Didn’t work out. | Forex blog - JPY forex fan

Forex blog – JPY forex fan

A forex blog about making pips in any currency pair

Welcome to my forex blog. I am a great believer in luck and I find that the harder and smarter I work the luckier I get. :-)
June 29th, 2010

Trade #38: Didn’t work out.

jpyforexfan

The dojis I was seeing turned out to be quite dodgy. Nasty little rascals. :-)

In a nutshell, got stopped out for a 206-pip loss. Life is a breeze. For some.

2 Responses to “Trade #38: Didn’t work out.”

Ashton says:

Hey JPYFF,

No worries…get back at it and keep trying. I have taken losses after losses after losses. No worries JPYFF keep at it. What do you think of shorting GBP/USD? It might be crazy in an uptrend…I value your opinion!

jpyforexfan says:

Hi Ashton,
Thanks for the positivism. I need that. :-) I haven’t looked into GBP/USD for some time now. It looks like it’s in a nice uptrend. Being contrarian works many times, but trends appear to persist, you know, so I wouldn’t take a short swing position.
Thanks for hanging around!

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