TRADE #012
SUMMARY
~GBP/USD~
17.04.2007
Entry - 1.9885 
Lots Traded - 2.0
Target 1 / 10 PIPs - 1.9870 (TERMINATED)
Target 2 / 30 PIPs - 1.9850 (TERMINATED)
Target 3 / 50 PIPs - 1.9820 (TERMINATED)
INTRA-DAY Stop Loss / 50 PIPs- 1.9935 (HIT)
SWING Stop Loss / 52 PIPs- 1.9937 (HIT)
Lash - 92 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/: -190 PIPS
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TOTAL P/L On Current Trade:
(-50) PIPS
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SUM TILL DATE: +919 PIPS
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RECOMMENDATIONS:
Close your first lot when you hit 30 Pips Profit (Or a Target of your choice T1-T3) 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.