Hello Seniors
Please let me introduce myself. I am totally newbie trader in forex, and I am a lazy trader (as mentioned in my nick name). Since I am a lazy trader, I only look at the market less than a hour every day (commonly at Sydney's Market Open). I entry market with pending order. I will share my trading activity with you all. Any suggestion with my position would be high appreciated . I trade for these pairs : EUR/USD, GBP/USD, USD/CHF, USD/JPY, AUD/USD, GBP/JPY, EUR/JPY. Let's start the show..
December 17, 2009.
EUR/USD
Current Price = 1.4528
Buy Stop @ 1.4595 SL = 1.4545 TP = 1.4680
Sell Stop @ 1.4500 SL = 1.4550 TP = 1.4415
USD/CHF
Current Price = 1.0387
Buy Stop @ 1.0430 SL = 1.0380 TP = 1.0505
Sell Stop @ 1.0340 SL = 1.0390 TP = 1.0265
I will let those pending orders run itself, hit the TP or the SL . No exact rules for Exit strategy, means anytime We can exit from the market whatever the current running position (in profits or loses pips).
Other pairs..I didn't see any moment to entry into the market
Cheers,
LazyFX
Please let me introduce myself. I am totally newbie trader in forex, and I am a lazy trader (as mentioned in my nick name). Since I am a lazy trader, I only look at the market less than a hour every day (commonly at Sydney's Market Open). I entry market with pending order. I will share my trading activity with you all. Any suggestion with my position would be high appreciated . I trade for these pairs : EUR/USD, GBP/USD, USD/CHF, USD/JPY, AUD/USD, GBP/JPY, EUR/JPY. Let's start the show..
December 17, 2009.
EUR/USD
Current Price = 1.4528
Buy Stop @ 1.4595 SL = 1.4545 TP = 1.4680
Sell Stop @ 1.4500 SL = 1.4550 TP = 1.4415
USD/CHF
Current Price = 1.0387
Buy Stop @ 1.0430 SL = 1.0380 TP = 1.0505
Sell Stop @ 1.0340 SL = 1.0390 TP = 1.0265
I will let those pending orders run itself, hit the TP or the SL . No exact rules for Exit strategy, means anytime We can exit from the market whatever the current running position (in profits or loses pips).
Other pairs..I didn't see any moment to entry into the market
Cheers,
LazyFX