Monday 14 November 2011

Patience is Virtue. Hang in there !!!

10am local time. Current holding = 0. Open position as of yesterday triggered both stop loss and take profit.
The two Aud/Nzd pair resulted in profit of $4 and a loss of $5,..net negative $1. Was trying the strategy of placing two orders,..and moving the TP of the 2nd order higher up the hierachy. Looks like it does not work this time, but willcontinue this strategy.
Auto TP on the EU pair resulting in a gain of $8.20.

Current cash holding = $230/- with no outstanding orders. None of the 10 pairs I am tracking looks good to buy . It's on the NO TRADE area, so I need to be patient. Failure to do so, may again jeopardise the little money I have left to trade.

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