Current GBP/JPY trade is now at 226.02. 36 pips profit or profit of £159.19.
Think I'll let it roll for a little longer.
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Thread: My Trading
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06-12-2006, 07:19 AM #11
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06-12-2006, 11:30 AM #12
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I have decided to close this trade now, as I am in meetings for the remainder of the day and won't be able to keep an eye on it.
Closed at 225.78, profit of 60 pips or £265.65.
Not too bad. I suspect the profit will continue to rise, but I'm not willing to take the risk.
Watch out for the next thrilling instalment!
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06-12-2006, 11:49 AM #13
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Zubaidi:Monetary value of the Iraqi dinar must revert to the previous level, or at least to acceptable levels as it is in the Iraqi neighboring states.
Shabibi:The bank wants as a means to affect the economic and monetary policy by making the dinar a valuable and powerful.
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06-12-2006, 02:26 PM #14
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06-12-2006, 02:29 PM #15
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Managed to sneek a look during break time and think I will take a position.
In with a short position with GBP/USD at 1.9665.
Think it's worth the risk.
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06-12-2006, 02:43 PM #16
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Zubaidi:Monetary value of the Iraqi dinar must revert to the previous level, or at least to acceptable levels as it is in the Iraqi neighboring states.
Shabibi:The bank wants as a means to affect the economic and monetary policy by making the dinar a valuable and powerful.
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06-12-2006, 06:01 PM #17
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06-12-2006, 06:05 PM #18
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Disaster!!
The GBP/USD I placed earlier soon went to a 45 pip profit. I then had to go back on the road and when I stopped to set up the laptop, there was no signal on the 3G data card.
The trade is currently 28 pips in the red and it looks like a reversal may be in the offing.
Going to close this and accept the loss. It was pretty close to my stop level anyway.
Lesson to be learnt: Don't trade unless you can keep an eye on the deal.
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07-12-2006, 02:53 PM #19
Hello Investor,
Love your setup of this forum, my old friend, and I sure am happy you are moderator for it. My Dad and I, back in 2005 e.v., on recommendation from an acquaitance, were going to open up an account with an outfit from Michigan, but they wanted US3000 for a software license and I think it was close to US200 a month for signal fees. Whew! We never went on with it as my Dad got sick and, well, the whole idea kind of got lost and I gave it up. I'm very interested in following the individual route as you are doing and have been studying and am now about to start some paper experimentations to get into it. I'll be keen to follow your thread on this and look forward to developing some conservative trading as I go; but, like you, only if I can square away enough time to keep constant track or control of it. Anyway, great to see you here. Take care.
Best regards,
thelema
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07-12-2006, 03:06 PM #20
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Sorry to note this personal disappointment you had but looking at this as a incidental trade-off... I'm sure the wisdom retrieved will bear better hallmarks in reducing others from ANY stand off....since it is like a "cloak & dagger" kind of involvement which after awhile, and with you hopefully, members will be enriched and come out profiting someday soon....thanks to your continued determination to overcome the uphill stride in this sector... all the best there.... we're behind ya mate!
YB. cheers and keep going at it...
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