UPDATE: I should have cancelled this trade based on rule number 5 "Note that If 90 percent of first target is reached without triggering entry, trade is cancelled"
Profit(pips)=-65x2=-130.
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A very simple long setup on trend line break and inverted head and shoulders after a prolonged bearish wave.
Trade Safe, and Best of Luck , join me at twitter.com/thefxchannel
Also at my Facebook page www.thefxchannel.com
My best regards,
Technician
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Trading Criteria:
1. Trades are taken in two units
2. First unit would be closed at first target
3. Stop loss is then moved to break-even
4. Second unit would be closed at second target
5. Note that If 90 percent of first target is reached without triggering entry, trade is cancelled
6. Remember: Losing is a main part of the game
Profit(pips)=-65x2=-130.
---------------------------------------------------------------------------------------------------------------------------------
A very simple long setup on trend line break and inverted head and shoulders after a prolonged bearish wave.
Trade Safe, and Best of Luck , join me at twitter.com/thefxchannel
Also at my Facebook page www.thefxchannel.com
My best regards,
Technician
==================================================================
Trading Criteria:
1. Trades are taken in two units
2. First unit would be closed at first target
3. Stop loss is then moved to break-even
4. Second unit would be closed at second target
5. Note that If 90 percent of first target is reached without triggering entry, trade is cancelled
6. Remember: Losing is a main part of the game
