Tradex Forex Journal

Tradex said:
10 pip loss at the moment.
50 pip stop (instead of 27) to avoid premature exit due to 5 PM rollover (due in 5 minutes).
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Stop is now back to 27 pips on that long GBP/CAD position, after a 34 pip paper "loss" (due to wider spread during the usual 5 PM rollover).

Both positions (that includes long AUD/JPY) are currently (slightly) profitable.
 
I forgot to mention that all trades have a break-even stop when the market moves the right way. The size of this break-even stop will be equal to the size of the stop.

So for instance if the stop is 25 pips then as soon as the currency pair moves 25 pips in my favor the initial stop will be moved to break-even.
 
Just curious if this trade is still active because it's been 8hrs since it was initiated?

Also if it is still active what is the price target objective?

18 pip stop loss what about the exit price?

Thanks
 
322170 said:
Just curious if this trade is still active because it's been 8hrs since it was initiated?

Also if it is still active what is the price target objective?

18 pip stop loss what about the exit price?

Thanks
More...

Hi,

Long AUD/USD position has now been closed at 0.7183, 23 pip profit ($230 profit per standard lot).
 
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