I have moved this blog to the new site at (1) www.KoonLip.com, where I continue to chronicle my life journey after 26, and (2) www.ForexAsiaAcademy.com, where you see my graduates LIVE results.
Forex Asia Academy 2009
Friday, May 9, 2008
Technical Trading GBP/USD (5 trades)
All GBP/USD trades using technical indicators
1. Short @ 1.9540, Closed @ trailing stop 1.9497 (+43 pips)
2. Trade canceled
3. Short @ 1.9562, Closed @ trailing stop 1.9548 (+14 pips)
4. Short @ 1.9562, Closed @ trailing stop 1.9552 (+10 pips)
5. Short @ 1.9562, Closed @ trailing stop 1.9547 (+15 pips)
6. Short @ 1.9562, Closed @ trailing stop 1.9547 (+15 pips)
Wednesday, May 7, 2008
Trailing Stop - 53 pips
This is one of the mechnical trade I did earlier today. I used this function called the trailing stop, which I set at a protective 15 pips - and this is precisely why you see the stop loss is so low below the entry price (remember this is a short position).
GBP/USD - Short @ 1.9573, Closed @ trailing stop 1.9524 (53 pips)
GBP/USD - Short @ 1.9573, Closed @ trailing stop 1.9524 (53 pips)
Thank you!
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