18 AUGUST 2010 - CORN FLOWER SYSTEM JOURNAL

with candle still above 72 EMA, i buy from 12 EMA line - 1 hour chart. Target maybe around 10-30pips with stoploss on pivot line.
This trade open on standard account.
** Refer to calendar news- 2 news for AUD, the actual are not good for AUD but not bad at all. But i think my stop loss will hit due on both news are not favor on AUD side. But let see what happen next.
*** H4 the trend following corn flower still DT, so no wonder its still hard the price to break above because EMA 8/12/24 still not pass EMA 72 on H4 chart.
source cornflower system --> http://www.forexfactory.com/showthread.php?t=26205
* My trading maybe are not same like the owner of the cornflower system. Each human have a different view from chart. Peace.
result - The trade hit stop loss at 0.9022, trade open at 0.9047. Closed with -25 pip.
Labels: journal



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