Wednesday, September 12, 2012

EURCAD Trade

Buy Stop 1,2523 SL 1,2415 TP 1,2780

Risk: 1R

Good PA signal (PB, IBPB, PBIB)? = 1
Is S or R far enough for good R:R trade? = 1
Rejecting 8 EMA or 21 EMA or between? = 1
Rejecting Horizontal Level or 100 SMA? = 0

Score: 3 of 4 (AA Setup)

Update 2012-09-16:
1) Move SL to 1,2525
2) Move TP further up to 1,2890 (very bullish candle on Fri)

Update 2012-09-30:
1) Moving up the TP was a D-U-M-B idea !
2) Stopped out at 1R profit on 25.9.2012


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