Monday, 3 December 2007

The shock continues...

And what's the shock? That so much time has passed since I posted in August. In any case I'm starting again, and with a BANG! (I hope)

Anyway, here's a trade I did based on the system of Clarence, my mentor in forex.

1. Date : 28th Nov 2007
2. Currency Pair : USD/CHF
3. Trade : BUY
4. System : TNT
5. Method : Retracement - Continuation Signal
6. Entry Price : 1.1057
7. Time of Entry : GMT 0430
8. Stop Loss : 1.1027 (later adjusted to 1.1087, then 1.1127)
9. Target Profit : 1.1147 (later adjusted to 1.1192)
10. Exit Price : 1.1192 (at GMT 12:45) (Win 135 pips)
11. Commentary and Reflection : Well, the price went really smooth, in part I attribute it to that the price has been above the PIPS pivot level for some 8 to 10 hours. Also, remember Clarence mentioned about how he observe prices suddenly shoot up upon contacting the MA line? Well, it sure happened here!

Yeah! so happy! (to finally get a proper trade which wins)

This is just a common email that I get within Clarence's yahoo group, full of forex enthusiasts, experts and noobs alike!

The post is a little outdated though, do pardon me for that. I will try to post more trade on the blog to share with everyone too!

Maybe you guys could share your trades with me too?

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