denovo

Public Live Test - Trade 3

FX:EURJPY   Euro Fx/Japanese Yen
41 0 2
1) Daily trend: downtrend beginning in the middle of December, 2015; consolidation since Jan. 7, 2016.
2) 8-hour chart: price has reached a potential resistance area , with oscillator divergence confirming a short setup.
3) 2-hour chart: bearish engulfing candle following the high on 2016/01/14

I missed the trigger, and now I'm waiting for price to break back below the bearish engulfing candle.

Entry: sell 11,000 @ 128.171
Initial stop-loss: 128.760
1st target: 127.314 (buy 4,000)
2nd target: 126.307 (buy 4,000)
Trail stop on remaining 3,000
Trade active: Stop-loss moved to 128.286
2nd target moved to 126.453
Trade active: Stop-loss moved to 128.251
Trade closed: stop reached: Starting balance: $4,543.55
Gross P/L: - 7.46
Commission: - 0.88
Roll credit: + 0.06
Net P/L: - 8.28
Ending balance: $4,535.27 ( - 0.182%; + 0.784% YTD)
MAE: 26.7 pips (0.454R)
MFE: 81.4 pips (1.384R)
United States
United Kingdom
India
Deutschland
España
France
Việt Nam
Italia
Polska
Brasil
Россия
Türkiye
Indonesia
Malaysia
日本
한국
简体
繁體
Home Stock Screener Forex Signal Finder Cryptocurrency Signal Finder Economic Calendar How It Works Chart Features House Rules Moderators Website & Broker Solutions Widgets Stock Charting Library Priority Support Feature Request Blog & News FAQ Help & Wiki Twitter
Profile Profile Settings Account and Billing Priority Support Ideas Published Followers Following Private Messages Chat Sign Out