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My GBP/USD analysis and trades
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My GBP/USD analysis and trades

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Just starting out...
Moscow
 
Futures Experience: Advanced
Platform: Tradestation, DealBook
Favorite Futures: AUD/USD
 
Posts: 9 since Dec 2009
Thanks: 0 given, 1 received

My GBP/USD analysis and trades

My GBP/USD analysis and trades over 02/01/10 – 02/05/10

1.1 GBP/USD 60 Result +64 p.p.
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The trade is made as follows: when p.4 is hit, an order is set to open position at 1.5935, take profit at 1.5871, stop at

1.5976 (rule 6i). The ratio of planned profit to potential loss 1/(1+profit/loss)=0.39.

1.2 GBP/USD 60
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The trade is not executed since, according to the rules, position opens after hitting p.4 and closes, in this case, at

target M. According to the rules, here the stop should be set at level 4/8 (rule 6i), but in this case the ratio of

potential profit to possible loss (1/(1+profit/loss)=0.65) contradicts the one stated in the rules.

1.3 GBP/USD 60 Result +102 p.p.
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The trade is made as follows: when p.4 is hit, an order is set to open position at 1.5727, take profit at 1.5625, stop at

1.5790 (rule 6i). The ratio of planned profit to potential loss 1/(1+profit/loss)=0.38.

1.4 GBP/USD 240 Result +210 p.p.
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The trade is made as follows: when p.4 is hit, an order is set to open position at 1.5846, take profit at 1.5636, stop at

1.6066 (rule 6i). The ratio of planned profit to potential loss 1/(1+profit/loss)=0.51.

Total Result: + 376 pips!

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