Image: Oanda
TRADE
Date: 08-Oct-2014
Entry: Buy Stop 1.2675,
Reason for Trade/Setup:
Price action re-emerged out from the kumo cloud, supported by chikou span re-emerged out from kumo cloud, placed a buy stop above the high of the previous period.
Initial Stop: 1.2630
Initial Target: 1.2810
INTERMEDIATE COMMENT
N.A
RESULT
Outcome: Price action was in range. Exit for the night..
Exit: Closed out market @ 1.2680
Profit/Loss: +5 pips
THOUGHTS
N.A
Hi,
ReplyDeleteA trade that looked like easy and eventually turned to be rather tricky.
I can see that your "Profit/Loss: +5 pips". May I ask what is your spread, the slippage? And your broker?
Thank you for your blog.
I am using Oanda. For Eur/Usd, the spread is between 0.8-1.2 under normal trading, and can go wider during the news. As for slippage, so far I am good.
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