Wednesday, January 23, 2013

GBPCAD Long Trade for 53P in 17 Minutes



I usually don't trade the news but seeing the CAD weak against most of the other currencies, especially the balls at the top of the meter, I was constrained to consider trading it against the strongest currency, GBP. And the result was 53 pips in 17 minutes with a 13 pip risk and trailed by 20 pips. Not bad for a day's job since I slept through the London session.

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