I open 2 positions once I exit my first position at 20 pips which is my first target I move stop loss at break even on the second position so if the price reverses It closes at BE if it kept moving in my favor I keep it running for more profit and use a 40 pip trailing stop.
I just closed a SELL GBP/USD position at 1.61892 ( net PnL: $56.4 )
Total profit today $116. See you guys tomorrow.
Account statement:
http://www.mt4i.com/users/evirus
My Trading Method (PDF File):
http://www.elitetrader.com/vb/attac...&postid=3097696
Quick and easy $22 in profit today trading the GBPUSD
Account statement:
http://www.mt4i.com/users/evirus
My Trading Method (PDF File):
http://www.elitetrader.com/vb/attac...&postid=3097696
Here is the performance of the week, it was a tough one but ended in profit if 46 pips
See you guys next week
Account statement:
http://www.mt4i.com/users/evirus
My Trading Method (PDF File):
http://www.elitetrader.com/vb/attac...&postid=3097696
That's one of those -ve days. I am down 60 pips for the day. Looking forward to making some green pips tom or later this week.
Account statement:
http://www.mt4i.com/users/evirus
My Trading Method:
http://www.elitetrader.com/vb/attachment.php?s=&postid=3097696
ok I've attached the PDF file that has my trading method in details and examples as I promised... Enjoy
P.S. This is the same attachment in the first post of the thread. I just added it now.
Closed 2 GBPUSD positions today. I managed to grab +20 pips on the first position, then closed the other position at breakeven when the market reversed few candles before the news...
Account statement:
http://www.mt4i.com/users/evirus
Took 2 long positions on GBPUSD this morning but I didn't like the price action and it was moving slowly so I got out at breakeven after 4 hours in the trade...
Account statement:
http://www.mt4i.com/users/evirus
Today the market moved in my favor right after I entered the trade.. God I love it when that happens :D
I shorted GBPUSD 2 positions I closed the first one at the usual 20 pips profit and I let other other one run to secure 60 more pips.. That's a total of 80 pips earned today.
ElectricSavant,
Thanks a lot for your reply, I am sorry for the double post but after I posted i didnt find my post looks like there is a bit of a delay.
Thanks again :)
Took a short today at the London open after the reversal.. Trading 2 positions exited the first one at my first target profit 20 pips and the other one closed when It hit my trailing stop also making a little over 20 pips...