Thursday, January 31, 2013

10 pip trade #09 - lose - 6-3 - win rate 66%

This was a CHFJPY trade. I was kiind of distracted in the skype room and didn't see it until everyone started talking about it, so I got in late. I actually traded this one on the dummy account because it was the quickest way to get the entry price locked in.


I drew the 10 pip lines on, then left it to see what would happen while the EA trailed the stop according to the dots.





Not looking the best, the JPY is moving strongly up on the T2 graph and it's killed the trade.





And ... stopped ...   the "real" trade is still going though, the stop for that hasn't come in to 10 pips yet so it carries on.




And out it goes - with the stop trailed up to about 10 pips. It was knocked out by a spike for the ADP NFP news. Sounds like everyone else in the skype group was in this one too :)


No comments:

Post a Comment

Note: Only a member of this blog may post a comment.