Fourth Trade of The Week

Fourth trade of the week (Feb 2nd, 2014 – Feb 7th, 2014)

Cycle 5 setup on demo account.

GBPAUD demo trade

Price entry: 1.85832 (Feb 3rd, 2014 16.29pm dealing desk time)

S/L: 1.85462

Target: 1 Range at 1.86202

Placed order on real account

GBPAUD real trade

Price entry: 1.85785 (Feb 3rd, 2014 16.30pm dealing desk time)

S/L: 1.85462

Target: 1ATR at 1.85983 and 1 range 1.86155

Result:

 GBPAUD 1Range trade

Closed part at 1 ATR (Feb 3rd, 2014, 17.04pm) & 1 range (Feb 3rd, 2014 18.51pm dealing desk time): 11 pips & 37 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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