04 September 2009

Posted by TradingForexProfit | 1:46 AM | | 0 comments »

Today GBPJPY continued its downtrend, but not enough to hit our TP. Actually, during the day it tried a bit of a retrace, so that our SL was hit. So, the total for today: -67 pips.

Today's high: 194.06
Today's low: 191.91

That means that our entry orders will be:

Buy stop:194.29
SL: 193.62
TP: 194.96

Sell stop: 191.68
SL: 192.35
TP: 191.01

So far this strategy has produced:
Trades taken: 2
Wins:1
Loss:1
Pips:0 pips

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