Posted by: joetradingplace | February 8, 2013

Weekly Wrap Up

very slow week as most pairs have been consolidating, we only took one trade this week, long gbpaud, we were unlucky to be stopped out for a loss before price pushed up as we expected…one of those frustrating trades, we wont dwell on that, we move on to the next trade. We have pending orders on eurnzd and eurusd, they are more likely to be filled today. So this week we had a drawdown of 0.5 percent….Gbpaud was stopped out at half the inital risk.

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