SUMMARY
TRADE #011
~GBP/JPY~
12.04.2007
Entry - 235.76 
Lots Traded - 2.0
Target 1 / 10 PIPs - 235.95 (HIT)
Target 2 / 30 PIPs - 236.05 (HIT)
Target 3 / 50 PIPs - 236.14 (HIT)
INTRA-DAY Stop Loss / 51 PIPs- 235.25 (HIT)
SWING Stop Loss / X PIPs- 234.64 (HELD)
Lash - (-100) 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/: +1109 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:
+168 PIPS
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SUM TILL DATE: 969 PIPS
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NOTE:
Despite the trend looking good, i believe there will be profit taking now that we've hit Long Term T-1.
I've closed out my position. I will look for signs of the correction termination before i reneter with eyes on Long Term T-2.
Even thought i used the Swing Stop for this trade, you can see i had good data to do so. I was pretty confident in a bullish rally continuation.
The TA paid off and we've managed to cover our previous 2 losses + make some profit. All in all we are +969 PIPS ahead since the 16th of last month - so thats one month today.
These results are good. 
Best Regards!
E. Lang