TRADE #011
~GBP/JPY~
12.04.2007
Entry - 235.76 
Lots Traded - 2.0
Target 1 / 10 PIPs - 233.76 (LIVE)
Target 2 / 30 PIPs - 233.56 (LIVE)
Target 3 / 50 PIPs - 233.36 (LIVE)
INTRA-DAY Stop Loss / 51 PIPs- 235.25
SWING Stop Loss / X PIPs- 234.64
Lash - 0 PIPS
TRADE TYPE: 100% Mechanical
(Entirely Indicator Based / No Technical or Fundamental Anlysis)
STATISTICS
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TOTAL Profit Since Trade #001 /16.03.2007/: +941 PIPS
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TOTAL Loss Since Trade #001 /16.03.2007/: -140 PIPS
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TOTAL P/L On Current Trade:
(0) PIPS
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SUM TILL DATE: 801 PIPS
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RECOMMENDATIONS:
Close your first lot when you hit 50 Pips Profit (Or a Target of your choice T1-T5) and set a SL for the remaining lot 5 Pips ahead of your Entry Position or at B/E so even if the trade goes against you, you will close with a minimum of 50 + 5 PIPs profit or no incurred expense.