TRADE #013
~GBP/USD~
24.04.2007
Entry - 1.9995
Lots Traded - 2.0
Target 1 / 10 PIPs - 1.9980 (LIVE)
Target 2 / 30 PIPs - 1.9860 (LIVE)
Target 3 / 50 PIPs - 1.9840 (LIVE)
INTRA-DAY Stop Loss / 50 PIPs- 2.0045 (LIVE)
SWING Stop Loss / 51 PIPs- 2.0046 (LIVE)
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/: +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:
(0) 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.
PS: Had no internet for 5 days