My first set of trades taken
Order number 735990028 for 8 lots opened at 7/11/2011 11:29 am closed at 7/11/2011 12:01 am at 1.3714. Profits $32
Order number 735990310 for 4 lots opened at 7/11/2011 11:29 am closed at 7/11/2011 12:02 am at 1.3719. Profit $36
Reason for opening: I set two pending orders at 1.3710 to trigger a buy limit because of the daily pivot S1. I decided to trade a bounce from the pivot.
Reason for closing. I noticed a breach of the daily S1 pivot so I closed the trades manually because I suspected a carry on of daily trend. Just waiting for another opportunity after analysis to open another trade.
I forgot to add that the instrument I traded above was EUR/USD.
Mods if it is possible, could you merge this post with the one I made before this?
you're doing a great job imagine while you place a buy order i placed a sell because of the breach of S1 yet there was a reversal you could have made more profit if not for closing manually at least to midvalue of S1 and PP
Though I seemed to have made a wrong call on my next trades.
Two more trades opened yesterday
Order number 736012457 and 736102468 both sell trades on EURUSD. Reasons for opening were yesterdays breach of S1. Opened with the view that price will get to S2 yesterday. There was no stop loss so the trades are still running.
Both trades were opened with the 8 lot size.
No trade opened yet today.
I like your style of trading, you are like to play safe and make consistent profit.
As you do last time, hope you will repeat history again.
Good luck for future trades.
Thumbs up for you my naija brother. I wish u luck and more grease to your elbow. Waiting to see you at the top.
seem you opened some sell trades on euro/usd and it made some losses. i hope it fall down from the strong resistant facing by now. good luck for you