First Post Booker Trade
April 25, 2006
I opened my first "post booker" trade this morning at 4:15 a.m. in the GBP/USD following a break of the lower channel at 1.7849. Since then is has worked itself against me a bit barely stopping my position out. As of 4:42 a.m., my position is still open. Of course it would be nice to come out on top in my first trade since starting 1 on 1 training but we'll have to wait and see.
There are some economic reports coming out of Eurozone and Germany during the current session along with U.S. Consumer Confidence and Existing home sales at 10:00 a.m. EST. I'm off to the gym at 5 a.m. and will try to pick up the US session at 7 a.m. this morning (My routine sounds like Raghee Horner's.) She has stated that she sometimes looks at European session action before going to the gym and then concentrates on the US session. I was going to the gym before all of this so I don't want everyone to think I'm trying to fanatically emulate her behavior though if this is what it took to consistently be profitable, I would do it.

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