Currently I'm continuing my journal at www.forexfornoobs.com

Currently I'm continuing my journal at www.forexfornoobs.com

This is subject to change in far future. Until then, I'll keep it there.

Thursday, December 6, 2007

AUDJPY
time frame ----- 4h
account after -- 1503,67
entry ---------- 97.30
SL ------------- 97.10
TP ------------- 97.60
profit --------- +26,93
date ----------- 6. Dec
risk level ----- 1,22%
risk to reward - 1,50

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Reason for:
entry - Breaking of a resistance and pivot point as well
stop loss - just under the resistance
trade profit - a little below the resistance that the price had had a few days ago, no other obstacles on the way

This trade went as planned.




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Elton
Hi, my name is Elton. Please check my other blogs as well. I'm also a Forex trader (not full time yet). You can see my story at www.eltonforex.blogspot.com
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