+25 pips, moving stop to break-even.

Mr Breakout (Day) Trading Journal

Out at 120.15, 5 pip loss, trade is going nowhere and just tying up capital.

Mr Breakout (Day) Trading Journal

WOW, that was close, another 3 pip down move on GBP/NZD and my stop was gone!

Mr Breakout (Day) Trading Journal

30 pip spread on GBP/AUD and GBP/NZD more or less, easy boys...

Mr Breakout (Day) Trading Journal

Stops for GBP/AUD and GBP/NZD now set to 40 pips to avoid spread spikes after 5PM (EST). (Please trade at your own risk).

Mr Breakout (Day) Trading Journal

This stupid descending triangle is going to break any minute now. Hopefully the right way...

Mr Breakout (Day) Trading Journal

Reserve Bank of Australia Meeting Minutes at 7:30 PM EST, this could move both the AUD and the NZD in a big way.

Mr Breakout (Day) Trading Journal

Hi: Yes 3 open positions so far: Short EUR/JPY at 120.10, 30 pip stop. Long GBP/NZD at 1.7340, 30 pip stop. Long GBP/AUD at 1.6220, 25 pip stop. Total since the beginning of this new week (closed positions): +30 pips

Mr Breakout (Day) Trading Journal

Bought GBP/AUD at 1.6220, 25 pip stop.

Mr Breakout (Day) Trading Journal

Bought GBP/NZD at 1.7340, 30 pip stop.

Mr Breakout (Day) Trading Journal

Another descending triangle on GBP/NZD (5-min). That's the second one today.

Cable Update (GBPUSD)

Potential breakout from a descending channel on the GBP/CHF (5-min).

Cable Update (GBPUSD)

I made 20 pips on that long GBP/JPY position and went to bed, I was too tired to babysit any trade (see details on my trading journal). Congrats on that 45 pips.

Cable Update (GBPUSD)

This one too was a serious breakout, although it would have discouraged more than one trader (Notice that the price never closed below the lower support line of the triangle).

Cable Update (GBPUSD)

And it was indeed a breakout.

Cable Update (GBPUSD)

Hi: I don't limit myself to breakouts, I trade reversals too. About your GBP/JPY question, do you want my opinion as a day trader? What time frame do you usually use? Thank you for your comments.

Mr Breakout (Day) Trading Journal

Short EUR/JPY at 120.10, 30 pip stop.

Mr Breakout (Day) Trading Journal

While it is true that I participate frequently in the cable thread, I trade any currency pair (28 to be exact).

Mr Breakout (Day) Trading Journal

Morning all. I forgot to mention that any pending order (this one here for example: "Pending order to buy GBP/USD at 1.2450, 35 pip stop"), is of course automatically cancelled when I go to sleep, as I obviously cannot watch and react to the price ...

Mr Breakout (Day) Trading Journal

Roger that PayTheLimit, take care too, good night

Cable Update (GBPUSD)