2009 October 18 | Gav's trading blog

Archive for October 18th, 2009

Chart of the moment $GBPJPY 18-Oct-2009

Posted on October 18th, 2009 in Chart of the moment, Trading Journal

Oi! Enough? Are you done?
That’s what I see from the chart of GBPJPY. In fact, this pair was not in my radar. Thanks to the tweet from Casey Stubbs. So, what do you think now?

Here are some technical statistic:

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Tags: FX, GBPJPY, Trading Journal

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“Except in unusual circumstances, get in the habit of taking your profit too soon. Don't torment yourself if a trade continues winning without you. Chances are it won't continue long. If it does, console yourself by thinking of all the times when liquidating early reserved gains that you would have otherwise lost.”

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