First Trade Setup of The Week (Dec 1st, 2013 – Dec 6th, 2013)

First trade of the week (Dec 1st, 2013 – Dec 6th, 2013)

Cycle 5 setup on demo account.

EURJPY demo2

Price entry: 139.471 (Dec 2nd, 2013 14:24pm dealing desk time)

S/L: 139.131

Target: 1 Range at 139.811


Placed trade on real account

EURJPY real2

Price entry: 139.447 (Dec 2nd, 2013 14:26pm dealing desk time)

S/L: 139.131

Target: 1ATR at 139.571 and 1 range 139.787




Close part at 1 ATR (Dec 12, 2013, 15:59pm): 12 pips



Close part at 1 range (Dec 3rd, 2013, 04:25am): 34 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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