Closed one lot at 22 pips. Another lot, move stop to 10. Allow it to run for a while.
Except to get a typo. Text on the picture should read Best and Divergence.
Update: Second lot got stopped for 10-pip profit.
16/05/2006
USD/CAD
Short - 2 Lots - Entrance @ 1.1110
Stop Loss - 1.1125
In the time of this posting, price is at 1.1092, so I moved stop loss to breakeven for both lots.
For each and every trade I consider, I include a concise explanation of what makes me in. My trades will reveal bits of my own methodology. It is not a system. It is somewhat optional with a set of rules for entries and exits. Since I live in Vietnam and go to grad school in the morning and early afternoon, I mostly exchange Euro and US sessions.