07 July 2011
Demo trade with Oanda - EURUSD short position closed 06 Jul 2011 with profit of 165 pips
short position opened at 1.4525 on 04 Jul 2011 and closed at 1.4360 on 06 Jul 2011 with TP 1.4325 and SL 1.4625.
a trick - saw low 1.4342 last night, which was just 17 pips above TP, so I just shifted SL to 1.4360 since I was unwilling to risk more than 17 pips now that TP was only 17 pips away. The new SL of 1.4360 was hit soon after it was in place.
later this pair did hit TP of 1.4325 (200 pips of profit) and declined some more to as low as 1.4286!
a trick - saw low 1.4342 last night, which was just 17 pips above TP, so I just shifted SL to 1.4360 since I was unwilling to risk more than 17 pips now that TP was only 17 pips away. The new SL of 1.4360 was hit soon after it was in place.
later this pair did hit TP of 1.4325 (200 pips of profit) and declined some more to as low as 1.4286!
Labels: Live Trading Records - Forex
