Thursday 6 May 2010

EURJPY - Wave 4 > 5 - Part 2

So, stopped out on the 1st attempt earlier today at break even. Re-entered with a 30point or 1% risk, again looking for a bigger move (wave 4 to 5). After a slow'ish start which floated close to stoploss the position moved in my favour.

Closed 2/3's at 52pips for 1% increase and moved the stop loss to break even.

Left the other 1/3 running with a target of +120 will update later tonight @15.44GMT

Update @17:00GMT target 2 hit 0.02 lots at +179 for a total of 3.5% account increase. Not Bad for a days trading.

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