The Trade:
- Pair: GBP/CHF Short
- Date: April 08 2008, 4:30pm
- Entry: 1.9982
- Lots: 5
- Stop Loss: 2.0082
- Target: 1.9882
- Reason/System: This trade was entered based on the OzFX setup on daily chart. The price was way below the 200 SMA. And now both the AC and AO indicators are showing red candles. The Stoch indicator had also moved downward from oversold territory.
Result:
- Date: April 09 2008, 7:30am
- Total Pips: +500
- Profit/Loss: $496.70
- Trade executed to plan? Yes
- Rating: 5
- Outcome: One of the trades I am proud of. I entered this pair before this was signaled in the OzFX forum (was signaled on 9th). By that time, I had bagged 100 pips on the trade and closed my position. This trade was also perfectly executed. Entered as soon as a new candle was available, Set the stop and target and never updated it and just let it ride.
0 comments:
Post a Comment