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

Cycle 5 setup on demo account.

AUDJPY demo1 Price entry: 93.504 (Dec 3rd, 2013 13:47pm dealing desk time)

S/L: 93.844

Target: 1 Range at 93.164

 

Placed trade on real account

AUDJPY real1 Price entry: 93.512 (Dec 3rd, 2013 13:51pm dealing desk time)

S/L: 93.844

Target: 1ATR at 93.408 and 1 range 93.172

 

Result:

AUDJPY ATR1 Close part at 1 ATR (Dec 3rd 2013, 16:25pm): 10 pips

 

AUDJPY range1

 

Close part at 1 range (Dec 3rd, 2013, 19:07pm): 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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