Trade Setup of The Week (Dec 15th, 2013 – Dec 20th, 2013)

Cycle 5 setup on demo account.

GBPUSD demo1


Price entry: 1.62982 (Dec 17th, 2013 09.30am dealing desk time)

S/L: 1.63302

Target: 1 Range at 1.62662



Placed trade on real account

GBPUSD real1

Price entry: 1.63010 (Dec 17th, 2013 09.32am dealing desk time)

S/L: 1.63302

Target: 1ATR at 1.62878 and 1 range 1.62690




GBPUSD result1

Closed part at 1 ATR (Dec 17th, 2013, 11:36am) & 1 range (11:58am dealing desk time): 13 pips & 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.

Like this Article?

Check out our newsletter for regular forex trading tips and advice!

Or you can visit our website to see what our unique business model is all about ...and how you can participate!

Comments are closed.