I see now that I have made a mistake trading Gbp/Usd

I don't know how I could have missed it, but I bet on a Gbp rise today;
there is never one way to a data release though:

In this case BOE's Carney refused to put a date on a Gbp rate hike and the pound tumbled

Herin lies the judgement mistake that I made:
why bet on one way: I had already bought Gbp on its initial move up last night,
only to get stopped out just below 1.68 again

I should have put in buy and sell stops both ways,
because the move down is substantial - I could have made some pips

it reminds me again that this is no betting game - pips are aquired reading the technicals and fundamentals of a pair correctly
not on data releases - these are the cherries on the cake if you get them right

Anyway - I see that Usd/Jpy has gained some more ground
and have decided to go long Nzd/Jpy:
because of the lower margin requirements on this pair I was able to buy 5 million;

Nzd/Jpy has the potential to gain ground if Usd/Jpy moves up above 103,
with support now building up at 0.86 for this pair
Przetłumacz na Angielski Pokaż oryginał

Gdy nie jesteś zalogowany, nie wiemy jakim językiem się posługujesz, lecz przypuszczamy iż jest to Angielski
Zarejestruj się lub wybierz inny język do tłumaczenia z listy.

– lub –