DATE = | | 7-Oct-13 | | | | | | |
| | | | | | | | |
PAIR | . . . . . . | BUY/SELL | . . . . . . | PRICE | . . . . . . | TP | . . . . . . | SL |
eur/jpy | . . . . . . | sell | . . . . . . | 131.52 | . . . . . . | 131.22 | . . . . . . | 50 Pips |
eur/jpy | . . . . . . | buy | . . . . . . | 132.08 | . . . . . . | 132.38 | . . . . . . | 50 Pips |
| | | | | | | | |
Gbp/jpy | . . . . . . | sell | . . . . . . | 155.51 | . . . . . . | 155.21 | . . . . . . | 50 Pips |
Gbp/jpy | . . . . . . | buy | . . . . . . | 156.14 | . . . . . . | 156.44 | . . . . . . | 50 Pips |
RECOMMENDATIONS: | | | | | | |
1- | USE PENDING ORDERS | | | | | |
2- | ALWAYS KEEP MONEY MANAGEMENT | | | | |
3- | I USE S/L AT THE ENTRY POINT OF OPPOSITE ORDER. | | |
4- | YOU CAN ALSO USE TRAILING STOP OF +15- +20 PIPS TO SECURE TRADES. |
5- | I WILL WRITE S/L OF 50 PIPS AND T/P 1 = 30 PIPS AND T/P 2 = 50 PIPS |
6- | WHEN ONE ORDER CROSSES +15 PIPS. CLOSE OTHER ORDER OF SAME PAIR. |
7- | YOU MAY HOLD OTHER ORDER TILL END OF U.S. SESSION. |