03 September 2009

This was a great trade. From the beginning of the asian session GBPJPY started declining, and our entry order at 193.90 got hit. Soon afterwards, our TP got hit at 193.23, and thus resulting in 67 pips for today - 8 pips spread = 59 pips.

Now, yestersday's (02 September) numbers are as follows:

High: 194.86
Low: 192.57

That means that the following pending orders need to be placed:

Buy Stop: 195.09
SL: 194.26
TP: 195.99

Sell Stop: 192.34
SL: 193.24
TP: 191.67

So far this strategy has produced:
Trades taken: 1
Wins:1
Loss:0
Pips:59