MY JOURNAL - 25.08.09
Target Ratio : 70:50
(The ratio win:loss will change if the target are to high for intra-day style trading.)
After +22pip stop-loss move to profit side to lock the profit +4pip .
25 August 2009
GBP/CHF
Buy stop order --->
Deleted because price move far away
Sell stop order ---> Trade already Closed = + 4 pips
Stop-loss already move to profit side + 4 pips lock
Trade closed hitting stop-loss profit at +4 pip 1.7391
Pending Open price 1.7395
Stop loss at 1.7445
Target price at 1.7325
2nd trade open at same price 1.7395, same stop-loss and same target price.
Trade closed hitting stop-loss profit at +38 pip 1.7357
Total in pips = (-8)
Total Trade = 3 trade
Total Win = 2 win
Total Loss = 1 lost
GBP/JPY
Buy stop order --->
Deleted because price move far away
Sell stop order ---> Trade already Closed + 22
Stop-loss already move to profit side 154.64 pips lock (+22pip secure)
Trade closed hitting stop-loss profit at +22 pip 154.6
Pending Open price 154.86
Stop loss at 155.36
Target price at 154.16
Total in pips = (+22)
Total Trade = 1 trade
Total Win = 1 win
Total Loss = 0 lost
----------------------------------------------------------------------------------------
(The ratio win:loss will change if the target are to high for intra-day style trading.)
After +22pip stop-loss move to profit side to lock the profit +4pip .
25 August 2009
GBP/CHF
Buy stop order --->
Deleted because price move far away
Sell stop order ---> Trade already Closed = + 4 pips
Stop-loss already move to profit side + 4 pips lock
Trade closed hitting stop-loss profit at +4 pip 1.7391
Pending Open price 1.7395
Stop loss at 1.7445
Target price at 1.7325
2nd trade open at same price 1.7395, same stop-loss and same target price.
Trade closed hitting stop-loss profit at +38 pip 1.7357
Total in pips = (-8)
Total Trade = 3 trade
Total Win = 2 win
Total Loss = 1 lost
GBP/JPY
Buy stop order --->
Deleted because price move far away
Sell stop order ---> Trade already Closed + 22
Stop-loss already move to profit side 154.64 pips lock (+22pip secure)
Trade closed hitting stop-loss profit at +22 pip 154.6
Pending Open price 154.86
Stop loss at 155.36
Target price at 154.16
Total in pips = (+22)
Total Trade = 1 trade
Total Win = 1 win
Total Loss = 0 lost
----------------------------------------------------------------------------------------
Labels: journal
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