[Entropy]

(02-15-2012 10:09 AM)Entropy Wrote:  

Trade is currently at +35 pips in profit. It has reached the support zone. Trade already B/E for +5pips just in case things reversed all the way back. Still holding out for the +50pips gain. Which should gives a gain of 1:1.5 return on risk or 1.5R.

Anyways, here was the original setup chart before the action begins.

Here is the update chart. as prices moves into profit.

Below is the current chart after +35 pips in profit.

The final update as price hits my profit target for +50pips. The short entry was taken at 84.35.

Here is where it all started.

Here is the 1st update on the progress of the trade.

Here is the 2nd update on the progress of the trade.

Below is the final chart having reached +50pips in profit is below. (Made a 1.5R return on risk. = 1.5% for the day....done for the day. So far this week, i have had 17% return on risk...i only risk 1% per trade.