Thursday, May 13, 2010

2010-05-12 GBPUSD Live Trade

(This is a live trade shared by Eric Lye in his Forex Trading Blog.  The purpose is to share how we trade and provide the learning points.  Note that there is no absolute right or wrong about a trade, it is all about managing it well)

[Wednesday]

Went long for GBPUSD after the price bounced off from key support yesterday night.  This is a continuation play.


















And we did a review on this and could have chose to get out 100% at the top

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