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Monday, May 18, 2009

Bought AUD/USD

Evaluation:
AUD/JPY trade was successful. The entry point was met, and very soon after the price rose to our take profit level.

New Trade:

I sold 1 unit of AUD/JPY at 0.7380. I will sell another unit if it reaches 0.7385. My stop loss limit is set at 0.7420, and my take profit point is 0.7260.

Success Rate:
1/1, 100%

Hypothetical Portfolio:
AUD/JPY: +30 pips


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