Thread: Olby's Journal
View Single Post
  #5 (permalink)  
Old 08-05-2008, 08:36 AM
Metalhawk's Avatar
Metalhawk Metalhawk is offline
Moderator
 
Join Date: Aug 2007
Posts: 599
Metalhawk is on a distinguished road
Quote:
Originally Posted by Olby View Post
First journal entry is for positive pips. Nice.


Short scalp 211.59 +36 pips.


I lowered my target on this trade, just slightly to 45 pips off the line. G/J has been such a basket case recently, I wanted to play safe. In hindsight it was a little too early but that's better than being a lot too late.
I don't think that was too early. Considering the erratic behavior of GBP/JPY lately, I believe lowering your target was actually a good idea.
Reply With Quote