Trades 25 July 2012
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Trades 25 July 2012
My choice for today :
Short CHFJPY @ 79.00 - A round number + 23.6 Fibo (My favourite level)
I'm going for a small retracement trade @ 15 Pips 1:1 RR Ratio
Let's see if it pans out, it should if it reaches the level.
The EURGBP trade from 2 days ago is now up 90 pips, I am moving my SL up to break even.
I'm still hoping for a 300 pip profit here'
TIP I ALWAYS move my SL to break even when it has moved 50% of the way towards the profit target (TP). It is criminal to allow a winning trade to turn into a losing one.
Short CHFJPY @ 79.00 - A round number + 23.6 Fibo (My favourite level)
I'm going for a small retracement trade @ 15 Pips 1:1 RR Ratio
Let's see if it pans out, it should if it reaches the level.
The EURGBP trade from 2 days ago is now up 90 pips, I am moving my SL up to break even.
I'm still hoping for a 300 pip profit here'
TIP I ALWAYS move my SL to break even when it has moved 50% of the way towards the profit target (TP). It is criminal to allow a winning trade to turn into a losing one.
Similar topics
» Trades 23 July 2012
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» Trades 30 July 2012
» Trades 24 July 2012
» Trades 26 July 2012
» Trades 27 July 2012
» Trades 30 July 2012
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