Cash Grab Today – Booking 1,022 pips of Profit

Nov 28th, 2010Comments Off

Tonight I decided to take a “cash grab” in the Helix portfolio.  I booked a total of +1,022 pips.  Make n o mistake…there is a method to my apparent madness <evil grin>.  I don’t do anything in my trading account without a set of criteria being met.  Tonight, we met them, and I pulled out of the positions with a 10% equity increase.

I’ll watch closely for the re-entry signal to present itself.  When it does, we’ll enter the market once again with the same confidence with which we make every trading decision.

Tonight we closed the following positions:

EURUSD:  +460 pips

USDJPY:  +136 pips

AUDUSD:  +229 pips

GBPUSD:  +197 pips