Thur GDP/Income/Spend/ECB Rate

Night before had a GBP fade for 30 pips but I didnt take it. Then in the morning got about 20 again and then ended up loosing when it broke out.

Im getting to greedy and I dont take profits 20 pips. Even though target is 70 move stop to BE atleast and then let it run.

Also I always try to pick big reversals. If its trending up fine reverse but get out with a few pips.

Lots of news today
DE Unemp - leaked 30 pips jump up
GB Confiden - v. Bad GBP spiked for 20 secs and then went on its merry way up EC Confi - Bad no effect
EC Inf - less - flat
CA GDP - 20 pip effect
EU Rate - flat
US Inc/Spe - flat
Trichet Speech - Said vigilince and 20 up

The I got a reversal and made 100 pips but didnt get out at the bottom should have realised it had to stop sometime.

EUR g out (20) e out (20) NY g in (75) e out (-20) in (65) c out (20) in (60)

Lesson: Breakeven Stop. Dont forget about stops on news. Dont need to be in the market all the time.