I have started this to help myself and others who are interested in Elliott Wave theory in relation to FOREX trading. I will post my trades taken and the profit targets and stop losses as i take the trades. Hope to learn more and teach more. (DO NOT TAKE THIS AS SIGNALS i do not give signals. Even if you take the trades i am not responsible for the winning and losses:)
“Many of life's failures are people who did not realize how close they were to success when they gave up.”
- Thomas Alva Edison
- Thomas Alva Edison
Thursday, April 29, 2010
trade 55
GBPUSD 60 min entry @ 1.5176, TP @ 1.5308, SL @ 1.5110.
SL moved to BE when price reached 1.5204.
SL moved to 1.5216 when price reached 1.5255.
SL moved to 1.5255 when price reached 1.5295.
SL moved to 1.5308 my profit target when price reached 1.5335.
My next target would be 1.5335 when price reaches 1.5374.
Well did not hit my next target but i got my risk to reward that is 132 pips
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