First Trade Setup of The Week (Nov 11 – Nov 15, 2013)

First trade of the week (Nov 10th, 2013 – Nov 15th, 2013)

Cycle 5 setup on demo account.

GBPJPY demo1

Price entry: 158.813 (Nov 12th, 2013 01:06am)

S/L: 158.473

Target: 1 Range at 159.153

 

Placed trade on real account

GBPJPY real1

Price entry: 158.824 (Nov 12th, 2013 01.06am)

S/L: 158.473

Target: 1ATR at 158.932 and 1 range 159.153

 

 

Result:

GBPJPY result 1Range1

Close part at 1 range (Nov 12th, 2013, 07.22am): 32 pips

About Vilas Kusumahardja

Originally from Indonesia, Vilas began trading ten years ago to support his love of travel. He figured that, as long as he could find an internet connection, he would be able to support himself. In 2008, he came to the United States and a year later, re-learned everything he thought he knew about forex. Now, he places trades using support and resistance, utilizing signals from EA's. Vilas helps at the Apiary Fund as a trader support representative managing the Apiary Fund blog and answering questions in the forum.

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