Monday, September 22, 2014

5:30am

Last Saturday I have set a Limit Sell order for GBP/USD @ 1.62878. When the market opened 30mins ago my Sell order was triggered but at a higher price of 1.63027. This is called slippage, which is in a way a good thing for my previous trade as it gave me +25.6pips in profit = $335.36.

As my Long trade from last week already closed, a short trade was automatically opened @ 1.63027 with 1.35Lots = $13.5/Pip.

Monday 22Sep2014
Sold 1.35Lots @ 1.63027
Initial TP @ 1.57227 (580 pips from entry)
Initial SL @ 1.65027 (200 pips from entry)

I trade what I see, so you should too.

All the best.
Juf

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