I was stopped out on my Forex GBP/USD trade.  The good news is that I didn’t lose more than $37, the bad news is that if I had a wider stop I would have eventually gone to a near breakeven point, but as of this writing the trade still wouldn’t have been positive.  At least the market will be red today.

I 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.