24 July 2008

GBP/USD Buy 2 Lots @ 1.9963 + 10 pips profit

Hello my friends,
I didn't take any trade today but a friend of mine reported the following trade:

Sell 2 lots @ 1.9983
Exit @ 1.9953

Profit: 10 pips x 2 lots x $10 per pip = $200.

Comment for the trade: My friend took the trade with some risk, because MACD bars were down for some time and it's very risky. From my point of view I don't enter the market for such signals because are not perfect so I better wait for the Right moment.

Happy PIPpin' !

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