Update 05-12-08 12:20 am:
Soon after I entered this trade, there was a strong rally by this pair, and my buy stop order was triggered, So I have entered with trade with another 5 lots. Here are the trade details.
Date: may 12 2008, 12:20 am
Entry: 202.28
Lots: 5
Stop: 201.28
Target: 203.31
Reason/Setup:
Entered based on OzFX setup on 4 hour chart. After a huge move down,the pair is beginning to bounce back. Hopefully this is not a short relief rally before another move down. I entered with just 5 lots as the stop and target is far away. I have also placed a buy stop order halfway to the target.
Trade Details:
Date: May 11 2008, 11:30 pm
Entry: 201.503
Lots: 5
Stop: 199.72
Target: 203.31
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