Trading Assignment 1.1 - GBP/JPY TF15

Assignment 1.1

Click thumbnail for full scale image

 

The GJ trade was executed @ 1.24pm (GMT+8) @ 209.22, for 1 Lot.

I took the trade, because of Chart Pattern BreakOut, there was a Symmetrical Triangle prior to the breakout. The last resistance was @ 210.19.

Since GBP/JPY spread is 7pips, the ask price is @ 209.29.

1st sell stop is placed @ 209.27, as the price goes higher, the sell stop was moved to 210.38, the low of the last Bullish Candle.

 

Stop Loss

 

The Sell Stop was met @  2.42pm (GMT+8)

Giving me a total profit of USD83.21

 

End Of 1st trade

Leave a Reply

You must be logged in to post a comment.