Wednesday, December 29, 2010

Trading Report 241210 (b)


Date : 24.12.2010
Enter : Long 1.3126

Date : 28.12.2010
Exit : Short 1.3226

Profit : 100 pips

Duration : 5 days

Report : Target profit price is achieved. The price cannot go up anymore because of its position outside of the Bollinger Band for 2 candles (8 hours).Past experiences show that it will go downward if the candle is no longer in the band for 8 hours long.