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  • Results 1 to 2 of 2

    Thread: Group 5-- 66376450 - Trading majors

    1. #1
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      Default Group 5-- 66376450 - Trading majors

      Login 66376450
      Investor mejjzn80

      This time too, my trading strategy will be the same i.e trade using simple price action concepts like S/R, Fib, candlesticks, etc.
      I will be looking to trade only majors and will use multiple timeframe analysis to better my entries and exits.
      Trades will be 1-2 trades per day, more if I am scalping.


    2. The following 5 users say Thank You to deathstar for this useful post.

      مناڈکیت (04-13-2014), bidyut (04-14-2014), kiing (04-13-2014), nasimuddin (04-13-2014), systematicfx (04-14-2014)

    3. #2
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      Default

      trades:

      832502555
      sell gbp/usd 100 lot
      pending order ( sell stop ) @ 1.6691

      832502563
      sell gbp/usd 100 lot
      pending order ( sell stop ) @ 1.6677

      reasons for entry:
      Price making lower lows, can be seen in h1 timeframe.
      after the price broke a recent support level and made a second lower low, entered the pending order to be triggered on the break of that low.

      The trade setup was good but my risk and the target didn't support it. And since I couldn't be online to manage the trades, they went to a happy profit of around $6000 + and then turned back to give me a stop out.

      Hope you guys have a good time

      Thread Closed.


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