[TW] 08-24-2012 LongEUR/USD by FX SRIKANTH

[fxsrikanth]

EUR/USD: 4H AND IH


Long or Short:LONG
Entry Point:1.25090 IN 1H..AND WAITING FOR 4H TO ENTER
Stop Loss:25-30 PIPS
Profit Target/s:30 PIPS IN IH CHART....AND 50-60 PIPS IN 4H CHART
Reward-to-risk Ratio:2:1
Risk percentage:1%
Indicators used: DIVERGENCE, TRENDLINES, STOCH
Trade Rationale:I ALREADY ENTER THE TRADE ACCORDING TO 1H TIME FRAME.....AND ON MONDAY I WILL ENTER THE ANOTHER TRADE BASED ON 4H TRADE...AFTER STOCH CROSSOVER
Trade Adjustments:NO CHANGES...

[Tuto]

Entry at 1.5090, is that right? Looking at my chart its not been that high since the end of 2009?

[Banker928]

Lol..... Down 2500 pips as soon as he made the trade

[fxsrikanth]

sorry for incon...ce....i have placed a wrong number.......dont worry....i have made the changes....now it is k....

[fxsrikanth]

hi friends....i made 50 pip profit with entry of 1h chart as i mention in set up....

[Xno]

Lol..... Down 2500 pips as soon as he made the trade

it was a type, should read 1.25090.

[KillerWhale]

Both charts show a Stoch that is totally wrong.
Why? Because the poster could not bring up the patience to wait till market closing time.

The charts are too old.

[fxsrikanth]

i dont know why people like killerwhale says wrong of stoch........

why i am saying this is ....i did not draw the stoch lines......and more over......we will trade as it there in mt4.....thats it

[fxsrikanth]

sorry friend...if i hurt u.....

[zaggary]

Nice...might work. Good luck. I think I'll do the same.