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in Closed Trades - 27 Mar, 2012
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#GBPUSD Trade closed +21 pips. Was going great till a clearing bank got envolved ! Leaves us still nicely in profit for the month.

Set a pending order yesterday on the GBPUSD , using our predfined entry criteria which included a bearish Gartley up at 1.5985 .

Trade was triggered this morning fell nicely enabling us to get 1/2 of our trade closed and move our stop into safety .

Trade was going nicely until a UK clearing bank decided they wanted to buy and it was all over , price pretty much going straight back up to close on the 1.6 zone taking our stop loss which was at break even with it .

Despite the losses last week of 67 pips we are still nicely in profit for the month at +122 pips all done with nice low risk entries and good setups.

I dont think we will surpass last months pip count of +363 pips now , however we are yet to make a monthly loss which is the way we intend to keep it.

GBPUSD Trade

GBPUSD Trade

Remember good trading is all about patience , waiting for a setup and sticking to a proven plan ! (oh and dont forget those stops ! )