Update 2: Second Target hit. Profit(pips)= 40+90=+130.
Update: First Target Hit, moved stop loss to break-even.
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Excuse me for the lack of analysis, I am in a hurry, i just put a quick short term sell trade based on a minor double top, and wanted to share it.
Best of Luck , join me at twitter.com/thefxchannel
Technician
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Trading Criteria:
1. Trades are taken in two units
2. First unit would be closed at first target
3. Stop loss is then moved to break-even
4. Second unit would be closed at second target
5. Note that If 90 percent of first target is reached without triggering entry, trade is cancelled
6. Remember: Losing is a main part of the game ;
Update: First Target Hit, moved stop loss to break-even.
---------------------------------------------------------------------------------------------------
Excuse me for the lack of analysis, I am in a hurry, i just put a quick short term sell trade based on a minor double top, and wanted to share it.
Best of Luck , join me at twitter.com/thefxchannel
Technician
==================================================================
Trading Criteria:
1. Trades are taken in two units
2. First unit would be closed at first target
3. Stop loss is then moved to break-even
4. Second unit would be closed at second target
5. Note that If 90 percent of first target is reached without triggering entry, trade is cancelled
6. Remember: Losing is a main part of the game ;