Feb
06

The 5th and 6th of February 2009.

Posted by Russell

Why sit there all day watching the Forex?

Why sit there all day watching the Forex?

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It’s now the 6th of February 2009. To start testing our new “profit making” Forex system on the 5th we deposited $5000 with our Swiss broker in a new account to test our new theory which focuses on dealing with The British Pound. We traded that day on the Pound paired with the Japanese Yen.

It was a very straightforward day as it turned out. We placed our order at 10:06 to buy at 129.50 and by 12:00 we were far enough in front to attach a trailing stop loss to the trade. At 12:44 this was activated and we sold at 129.96 and had made 46 pips valued at $512.54


On the 6th of February we again traded the Pound against the Japanese Yen. We placed an order to buy at 133.03. This day was a bit slower and the early stop loss price of 133.03 was nearly activated. We went out for the afternoon and came back at 6:00 p.m. to see the trade was complete and we had made 128 pips (at a lower rate per pip than yesterday) for a nice profit of $139.21.


Here’s the link to my statement covering the 5th and 6th of February.


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