ThinkExist Dynamic daily quotation
“Many of life's failures are people who did not realize how close they were to success when they gave up.”
- Thomas Alva Edison
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Monday, April 26, 2010

trade 44


Taken on 26 april @ 1245hrs. EURJPY 60 min entry @ 125.76, TP @ 124.48 and SL @ 126.40.

Entry is a trial entry to identify the best way to trade the start of W.1.

Well another BE trade. BE = 3 pips........ :). This was the trade that exited last in the trial entries, the other 2 were lost trades, this was a BE trade, but probably i will be looking into getting more pips out of my trades as most of them go from good positive pips to BE. Like this trade went to a positive of 74 pips, but dropped back to exit @ BE. if i had set to a 1:1 risk to reward ratio, i would have won this trade as my risk is 63 pips, but my target for every trade is 1:2. What should i do?...... time to put on some thinking cap and look back at my trades........... : )

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