Trade number: 70649119
Opening time: 7-7-2011 7:54
Stop Loss: 1.4363
Take Profit: 1.4253
Volume: 5 lots($5 per pip)
Risk: (250$ if hits stop loss i.e 5%)
Reward: (60pip=300$ i.e 6.xx% if take profit is achieved.)
Reason for entering:
Most of the reasons for entering in to this trade are same as that for trade number 4.
This is a supportive trade to trade number 4. I entered at 1.4313 because a new low was created and all the moving averages of 21 period in all time frames were broken. I thought it will fall down, that's why entered in to this trade.