The rambling's of a part time intraday fx trader wannabe - Day Trading Blog.
Friday, 7 May 2010
GBPUSD - Wave 4 > 5 - Possibility
Seen another possibility of a completed wave 4 heading towards a wave 5 target. However it may be a risky move (or a risky time to enter late on a Friday during the election frenzy).
50p Stop with a 200p target 4:1 Risk Reward
Entered @14.27 Friday Afternoon. Update @14.47 Stopped out 1% Loss.
I’m 35 and blogging for the first time wohooo!!!! This blog will mainly be focused on my intraday forex trading as I start to document my trades online. This should help me to stay focused on my trades, in a way to help me document my thoughts and become a better trader. Feel free to follow on and make some $$$ ha-ha. ps I won’t be trading every day.
(See my trading rules on post 1 of the Blog Archive below)
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