01 September 2009

As i said in my previous post, the pending orders set on Friday were:

Buy Stop: 200.58
TP: 201.25
SL: 199.91

Sell Stop: 197.37
TP: 196.47
SL: 198.04

Today however, GBPJPY opened at 196.75 and rapidly declined to 195.32. It closed at 198.32 on Friday, so that is a 300 pip move very rapidly.
Unfortunately, my order did not get filled, so 0 pips for today. One might think: I just missed a great opportunity, and be sad, i mean a 300 pip move like that in such a short time... but don't think/feel like that.
There will always be opportunities in forex. And remember,a no-trade is better than a losing trade.

0 pips for today
Total pips beginning September 01: 0