Update 05-02-08:
Another trade that went in my direction right from the beginning. And from looking at the chart, we can see that the pair continued to move a lot higher after it hit my target. Too bad I missed out on the move, but I was sleeping then, and its good to know that you are making money even while you are sleeping.
Trade Result:
Date: 05-02-08 2:00 am
Result: Pair hit target point.
Total Pips: +500
Profit/Loss: $477.03
Rating: 5
Reason/Setup:
Entered based on Elite setup on H4 chart. Signal is also valid on H1 chart and just a candle late. Since this is a volatile pair, I decided to enter with just 5 lots. This allows me to place a bigger stop and target (100 pips each) for this trade.
Trade Details:
Date: May 1 2008, 6:00 pm
Entry: 207.013
Lots: 5
Stop Loss: 206.013
Target: 208.013
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