First trade open for the year. GBP/JPY long. This trade is open long at 211.12 stoploss 210.60 Target will be at 214.62, around 340 pips. First TP is at 212.12 for 100pips gain and let the rest ride. Patience = Profits.
I'm a Forex Trader since 2005.
I mainly trade the GBP/JPY. I have developed my own unique system to trade this pair. GBPJPY is one of the hardest and volatile pair to trade.
I trade to make money and not "trade to trade". I hate to loss but I accept the fact that the market is dynamic and I cannot possibly win the whole time. So my trading philosophy is: Once trade trigger is pull, I deem my trade is a lost. With this mentality in check, I'll not fight against the erratic flow of the market.
No comments:
Post a Comment