3TJ (Third trade journal) - 31.07.2015

3TJ-5PO (Third trading journal -5th pending order) closed with profit

Pair: USDJPY

Pending order: sell limit
Lot:0.1

Entry:124.25

SL: 124.75

TP: 123.45

Reward/Risk:1,6

Setup: 2BR (2 Bar reversal)

Result: 

Exit: 123.64

Pips: + 61 pips

Profit: 49,34
Commision fee (Charges): -0,36
Swap: -0,08
Real profit: +48,90 USD

3TJ-6PO (Third trading journal -6th pending order) activated and closed with profit

Pair: GBPUSD

Pending order: sell limit
Lot:0.1

Entry:1.56600

SL: 1.57200

TP: 1.55600

Reward/Risk:1,67

Setup: PB (PinBar)

Result: 

Exit: 1.56197

Pips: + 40,3 pips

Profit: 40,30
Commision fee (Charges): -0,56
Swap: 0,00
Real profit: +39,74 USD

3TJ-7PO (Third trading journal -7th pending order) activated and closed with profit

Pair: USDCHF

Pending order: buy limit
Lot:0.1

Entry:0.95648

SL: 0.95050

TP: 0.96650

Reward/Risk:1,67

Setup: 2PB (2 PinBar)

Result: 

Exit: 0.95891

Pips: + 24,3

Profit: 25,34
Commision fee (Charges): -0,36
Swap: 0,00
Real profit: +24,98 USD

In area 1 we can see pinbar, and in area 2 we can also see pinbar. Area 2 is our base for trade, but all together (area 1 and area 2) made 2 pinbar setup.

Orders 5th pending order, 6th pending order and 7th pending order are closed in range of 1 hour. First was closed 5th order with profit, and after 1 hour was closed 6th and 7th order. Orders were closed together because were combined profit more than 100 usd dollars.

3TJ-8PO (Third trading journal -8th pending order) activated 

Pair: CADJPY

Pending order: buy limit
Lot:0.1

Entry:94.70

SL: 94.15

TP: 95.60

Reward/Risk:1,64

Setup: 2BR (2 Bar reversal)

In area 1 we can see 3BR - 3 bar reversal, and in area 2 we can see 2 BR- 2 bar reversal. Area 2 is our base for trade, but all together (area 1 and area 2) show us that lows of area 1 and 2 are support area. This is good place for buy order.

This blog is intended for education and learning and presents some of the techniques of trading and investing, and not for providing advice for trading and investing.

If you are not experienced in trading (at least a few years), do not invest your money.