The Road To Profitability

This is a discussion on The Road To Profitability within the Trading Journals forums, part of the Reception category; Here is another one I'm short on. Made a risky entry before the break on the assumtion of that the ...

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Old Aug 10, 2011, 12:00am   #17
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Gbpcad
Shuanl0ol started this thread Here is another one I'm short on.

Made a risky entry before the break on the assumtion of that the 1.6000 level will hold.
Risked 0.1% on the entry (which was before the break)

In addition I'm risking 1% on the break of the bar with a larger SL on that one.

TP1: Around 1.5800

Cheers
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Old Aug 10, 2011, 12:45am   #18
 
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Re: The Road To Profitability
nice looking reversals, range is a bit too much for me, would have to be risking 5-10% to play these.

Seems that's the condition of the market at the moment...
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Old Aug 10, 2011, 10:28am   #19
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Re: The Road To Profitability
Shuanl0ol started this thread I guess you don't trade with a micro account! I have a micro acc, thats why I can afford to play these =P
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Old Aug 10, 2011, 2:35pm   #20
 
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Re: The Road To Profitability
Which broker is your micro acct with ?
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Old Aug 11, 2011, 12:06am   #21
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Re: The Road To Profitability
Shuanl0ol started this thread Fxcm uk
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Old Aug 12, 2011, 4:55pm   #22
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Re: Gbpcad
Shuanl0ol started this thread
Quote:
Originally Posted by Shuanl0ol View Post
Here is another one I'm short on.

Made a risky entry before the break on the assumtion of that the 1.6000 level will hold.
Risked 0.1% on the entry (which was before the break)

In addition I'm risking 1% on the break of the bar with a larger SL on that one.

TP1: Around 1.5800

Cheers
Got stopped out for -1.1% total
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Old Aug 16, 2011, 12:48am   #23
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Re: The Road To Profitability
Shuanl0ol started this thread Still short GBPNZD. No new trades other than that.
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Old Aug 19, 2011, 10:46am   #24
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Re: The Road To Profitability
Shuanl0ol started this thread GBPNZD stop was hit.
-1%.
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