Forex GBP/USD

Forex GBP/USDI decided that it’s time to gamble on Forex again.  This time, I’m going to put a little looser stop and not have a take profit.  I should set some sort of take profit amount, but I’m going to probably ride this through ADP report tomorrow morning.

Here’s the gamble deal:
Amount (GBP) 10,000.00
Rolling until 01/17/2008
Amount to risk (USD) 37.00
Buy currency GBP
Sell currency USD
Deal rate 1.9816
Stop Loss rate 1.9779

Of course, this could easily just cost me $37 and yield me nothing, but if I’m right this will be a nice play that will give me lunch money.

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Posted By: Michael

News Category: Forex, GBP/USD

 

 

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