August Trade That Is Really Still Out of This World.


Entry Price : 1.4375.

Stop Loss : 1.4375

Profit Target : Follow The Trend.The Trend Is Your Friend. ( Current pips at point of post was 285 pips.)

An August trade that is really out of this world. I moved my Stop Loss to my Entry Point in order to protect my capital in case of a freak Major Reversal.Nobody,i meant no one can never predict what will happen next in Foreign currency not unless you're are a soothsayer.I'm still monitoring my charts to see my plans are going the right way.Everyone were hyped on BOJ intervention yesterday morning,an innocent soul asked me.

Actor : 1) Eddie as himself. 2)Kind Soul : Young dude,Broker from a well known organization.


Kind Soul: Eh,u didnt go in ,ah?
Eddie : Go where,dude?
Kind Soul: BOJ intervention lah..U didn't know?
Eddie : ( got irritated because now he made me looked dumb!)
No,i don't trade USD/JPY.
Kind Soul : U stupid ah,can make money,u don't want ah.I go in already,now make few hundreds.
Eddie : Cool,so where is you Stop Loss?
Kind Soul : Need Stop Loss ,ah?
Eddie : @#$%#@!!!!!!!!


Regards,

Eddie.