21 Jun 2011

Salam..This is my trade and report for this week,,My trade held until the next day,but i still manage to grab my target profit..Hope we can learn together..


Trade Report

Pair : GBP / USD
Position : Buy / Long
Lot : 0.1
Risk : 2%
Price In : 1.6202 (21 Jun)
Price Out : 1.6250 (22 Jun) - Target Profit fulfilled
Result-In Pips : +48 Pips
Trade Details :

An Uptrend from 4Hour Chart,so im only looking oppurtunity to buy at 15Minute Chart. Momentum moving average crossing up,RSI above Level 50,Stoch heading up,MACD went from Negative to Positive. My entry at 1.6202,Stop Loss i adjust at current higher low,and Target Profit i put at Major ('00) and Minor ('50) Psychologically Significant Levels which is at 1.6250.
My trade held until the next day since the price only manage to hit at 1.6247 at the end of the day..

Thats all.

Salam Pips :)

EUR/USD 16/06/2011

Salam..Here is my trade report :-

Pair : EUR/USD
Position : Buy / Long
Lot : 0.1
Risk : 7% (aggresive)
Result-Number of pips : +125 PROFIT
Trade details : At 4hour chart,im draw a shape to line support and resistance area..At 1hour chart i spotted divergence on price and stochastics,then plan to put my entry when moving average momentum 5/8 cross after reversal patern..My target profit at the nearest posible resistance area.

Thats all..

Salam Pips :)

2 Jun 2011

Salam. . .

Hye guys,here is my trade report for 2 Jun 2011



Trade Report :-

Pair : GBP / USD

Position : Short / Sell

Entry : 1.6405

Stop Loss : At first,i put at 1.6430(previous high)..Then after my trade goes
well,i adjust to +5pips from my entry at 1.6400

Target Profit : 1.6350

Risk taken : 3% (30 pips to stop loss)

Trade Plan : Current TREND is DOWNTREND based on 4hour chart
So,at 15 minute chart,im only looking oppurtunity to SELL. .

1. Moving average momentum crossover
2. RSI below level 50
3. Stochastic heading down but still not at oversold area
4. MACD bar which is still in positve lessing value

This set up which is im rating as 90% chances attract me to put entry immediately

Result :-

My trade end with profit.my target profit fulfilled. . .Yeah,1st win!
Profit : 55 pips