Recap
Monday morning trading went pleasantly. Today I traded the eur/gbp long with an entry at 0.7937. Half of my position was removed at 0.7956. At this moment the remaining half is 30 pips up and climbing. I also had a gbp/jpy short at 198.37 and profit was taken at 197.58 for an 81 pip gain. My profit target for the gbp/jpy was the low set Sunday evening. My profit target for the second half of my eur/gbp is 0.8000. Because the eur/gbp is a breakout play I took half of the profits off of the table. The gbp/jpy on the other hand is trading in a large range so profits were taken completely at the bottom limit of the range.
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About Me
- Jonathan
- jkeesee81@hotmail.com Pershing Capital Management
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