Monday, January 4, 2010

Sterling Yen

The sterling yen trade has gone much better and quicker than i thought. I was taught this business by an old trader from the floor of the Chicago Merc. He said "always take windfall profits " . I am closing the Gpbyen trade at 148.80 at the below time . This is a profit of 120 points on 1/3 of a position, which results in 40 full points.

This means in two trades i have pulled 205 full points from the market.

I hope to have something to trade in a similar fashion tomorrow.

Have a fun evening.

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