My Take profit was 0.7690. As you can see from the chart above my stoploss was hit by volatility. I had 3.5 lots invested therefore I made a profit of $910. From this trade I learnt that at certain times tight stop losses will be hit by volatility.
Monday, May 22, 2006
AUD Long Past Trades
As I said in my previous posts My old account was deleted. This is my new demo account using SBFX. My First trade was on the Australian dollar I went long at 0.7654. Once my trade started to go into profit I moved my stop loss to 0.7680. Below is the chart:
My Take profit was 0.7690. As you can see from the chart above my stoploss was hit by volatility. I had 3.5 lots invested therefore I made a profit of $910. From this trade I learnt that at certain times tight stop losses will be hit by volatility.
My Take profit was 0.7690. As you can see from the chart above my stoploss was hit by volatility. I had 3.5 lots invested therefore I made a profit of $910. From this trade I learnt that at certain times tight stop losses will be hit by volatility.
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