Sunday, May 07, 2006
The First Real Trade
Managed to muster enough courage to buy for mini-lots of EURUSD at 1.2725 this morning. Actually, it just sank to me over the weekend that there's no need to be fearful as 1-pip in a mini account is only USD1.
Currently watching the price hovering over 1.2731 giving me a 6-pip gain or USD24 profit if I were to close the transaction.
Judging from the previous pattern for the past several days, and several news sources that USD is still weak, I'm confident that EURUSD would breach the 1.2740 mark.
I've set the take profit (TP) point at 1.2749 for a 24-pip gain. Let's see how it goes in the next couple of hours. Wish me lots of luck! I surely need them for my first real trade. Thanks!
Currently watching the price hovering over 1.2731 giving me a 6-pip gain or USD24 profit if I were to close the transaction.
Judging from the previous pattern for the past several days, and several news sources that USD is still weak, I'm confident that EURUSD would breach the 1.2740 mark.
I've set the take profit (TP) point at 1.2749 for a 24-pip gain. Let's see how it goes in the next couple of hours. Wish me lots of luck! I surely need them for my first real trade. Thanks!
# posted by Camus @ 10:01 PM 