Thursday, February 7, 2013

AUDJPY punch signal

TRACKING

7 February 2013. SELL order triggered at 96.10.

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AUDJPY last day candle closed in the shadow of the previous day candle.


Put two pending orders. One BUY STOP order and one SELL STOP order.

BUY STOP

Entry price: 97.42
1st Take profit: 98.21
2nd Take profit: 99.51
3rd Take profit: 101.62
Stop loss: 96.10

SELL STOP

Entry price: 96.10
1st Take profit: 95.31
2nd Take profit: 94.01
3rd Take profit: 91.90
Stop loss: 97.42

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