* You are viewing the archive for July, 2008
Finally, it’s a good day for us. The stop buy at 168.64 gained 30 pips for us. The order was filled at around 7:12 GMT. We booked the profit at around 7:50 GMT. Not bad at all.
Two days in a row. We took another hit today and lost 30 pips. The stop sell order was filled at 168.14. The price went as low as 167.95 before it reversed its course.
Unfortunately, we had a loss today - minus 30 pips. The stop buy order at 169.47 was filled and the price was unable to break higher. We finally took the loss at 169.17.
We gained 30 pips today with our euro yen 30/30 breakout system. The stop buy was never touched at 169.77. However, the stop sell of 169.36 was filled at 9:04 GMT. About two hours later, it hit our target and we pocketed the 30-pip gain.
We broke even today with the euro yen 30/30 breakout system. The stop buy order was filled shortly after 7 GMT at 168.39. The price went as high as 168.67 which was only a few pips shy of our target 168.69. I decided to move the stop loss to the original buy price 168.39 then. Well, we got stopped out and exited our trade with no gain no loss today.
The CCI went below 100 at 3 GMT, so I placed a sell limit at .7925. The order was filled at 3:09 GMT. For the next 3 hours or so, the order was in the red. At one point, I almost got stopped out. The stop loss was placed at .7940. The price went as high as .7938 before coming back down. Since this trading system is mainly for the quiet session, i.e., after the US close, and before the Europe open, I really wanted to close it before London opened. So I moved the take-profit target to the break-even level at .7925 at 6 GMT. I got out at 6:24 GMT. There is no profit or loss for this trade.
