First Trading Setup Nov 24,2013 – Nov 29,2013

Second trade of the week (Nov 24th, 2013 – Nov 29th, 2013)

Cycle 5 setup on demo account.

AUDJPY demo2

 

 

Price entry: 93.311 (Nov 25th, 2013 22:52pm dealing desk time)

S/L: 92.971

Target: 1 Range at 93.65100

Placed trade on real account

AUDJPY real2

 

Price entry: 93.262 (Nov 25th, 2013 22:53pm dealing desk time)

S/L: 92.971

Target: 1ATR at 93.37407 and 1 range 93.602

 

 

Result:

Close part (cycle 1) at 1 ATR (Nov 26th, 2013, 01:09am): 11 pips

AUDJPY cycle2b

 

 

 

Cycle 2:

Price entry: 92.970 (Nov 26th, 2013 09:01am dealing desk time)

S/L: 93.311

Target: breakeven at 92.865 and 1 range 92.624

Close part at 1 range (Nov 26th, 2013, 11:14am): 34 pips

AUDJPY cycle 2 result2

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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