Trade Setup of the week (Dec 8th, 2013 – Dec 13th, 2013)

Cycle 5 setup on demo account.

GBPJPY demo1 Price entry: 168.775 (Dec 11th, 2013 03:47am dealing desk time)

S/L: 169.115

Target: 1 Range at 168.435



Placed trade on real account

GBPJPY real1 Price entry: 168.786 (Dec 11th, 2013 04:02am dealing desk time)

S/L: 169.115

Target: 1ATR at 168.675 and 1 range 168.446




GBPJPY result1

Closed part at 1 ATR (Dec 11th, 2013, 07:07am) & 1 range (07:42am dealing desk time): 10 pips & 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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