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Trader-Mick
Oct 27, 2015 12:38 PM

UJ CYPHER  Long

U.S. Dollar/Japanese YenFXCM

Description

UJ Cypher about to test on the structure, looking good to buy from the pattern completion area.

Unbreakable Rules
1. Never add to a losing position.
2. Never risk more than 10 percent of your trading capital on any one trade.
3. Always have a protective stop in the market.

Guidelines
1. Never close a trade without a reason.
2. Take responsibility for your trades.
3. Markets that have higher lows are in uptrends. Markets that have lower highs are in downtrends.
4. Always do your analysis prior to the market open

Comment

Take profit done!

Trade closed: target reached

Comments
IvanLabrie
Interesting one...the guidelines are key, whatever the system that you trade is.
Trader-Mick
Thank you man :)
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