+10-12-2007+(Before).jpg)
+10-12-2007+(After).jpg)
*Attached charts (Before and After). Click on it for the enlarged version.
Hello everyone :)
Today, my trade on the EUR/USD. I find this trade a simple trade to spot. The market was practically dead this morning but around afternoon time, I saw the market breaking out on the upside.
I initiated a long position at the price line of 1.4652 at 2:57pm (Singapore Time). My stop loss is at 1.4630 (22pips) just below the low of morning dead market and target profit at 1.4720 (68pips) just below my resistance which is at 1.4732. I went out for dinner and I came home around 12:00am (Singapore Time) and I saw that my target profit has already been hit :) Nice nice nice. 68pips profit for today.
Peace and trade safely everyone...
3 comments:
Hi Ash
Can you explain how you get the low of morning at 1.4630? As in the chart, the low of 10 Dec morning is 1.4640 at 0500 hrs.
THK
JJ
Hello JJ. Please do read properly on what I wrote. I didn't say that the morning low was 1.4630. That is my stop loss. I said that my stop loss was just below the morning low.
Hi Ash
OK... now I understand. Just dont expect when you said just below morning low mean 10 pips low :-)
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