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Archive for March 20th, 2009

EURUSD: 90 Pips Profit

March 20, 2009 @ 11:19 pm
posted BL Trading Team

I had closed my position at 1.3582, 90 pips profit.
But since I had only traded at 1/3 of my usual contract size, effectively my profit is 30 pips.

Original trade:
Shorted EURUSD at 1.3672
Stop level at 1.3820
Target level at 1.3523

All of my trades are executed based on fully tested trading system based on real life experience.

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EURUSD: Open Short Trade

@ 6:41 pm
posted BL Trading Team

Shorted EURUSD at 1.3672
Stop level at 1.3820
Target level at 1.3523

As the stop is very wide, I had reduced my contract size by 1/3.
So if this trade reaches the target level, my effective profit is only 49 pips.

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@ 7:23 am
posted BL Trading Team

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