Trade #1: Short GBP/USD

April 16, 2008 02:00 by Jon

My limit sell order was hit early this morning, and I'm now short GBP/USD.  In the image below, the red line represents my original stop loss and the green lines represent my first and second profit targets.  The trade went quite a bit in my favor today, and almost hit my first profit target before giving some back later in the day.  If my first profit target is hit, I'll be moving my stop closer to my entry.  We'll see what happens here - I hope my first "public" trade ends up being a winner.

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January 6. 2009 15:46