Thursday, July 19, 2007

GBPCHF stop & reverse trade

GBPCHF stop & reverse trade


First entry was short one according to the trend defined by MAs. But new information reversed the move sharply up and stop loss was hit.

The same move supported by change of direction of the 9 MA offered new entry (long this time) opportunity. Nevertheless big fluctuation this time stop loss has survived and yesterday another buy stop order was executed.

Today session took stop loss (which I've tighten because of double tops formation) leaving some profit...

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