Thursday, February 24, 2011

Trade Review 24Feb 2011 - "9 Step Trading System"


A setup on the Usd/Cad produced a 43 pip profit.

Below is a trade based on the rules of the "9 Step Trading System".

*****

Thought of the Day

“Our senses enable us to perceive only a minute portion of the outside world.”
- Nikola Tesla

*****


The 9 step system gave a good SELL setup on the: Usd/Cad
Stop loss at: 0.9958
Entry Point at: 0.9912
Take Profit at: 0.9869

This was a 43 pips profit.

Trading with one Standard lot you could have banked $430.

I used the 15 minute trendline for an entry point.

Congratulations to those who profited from these trades, keep up the
good work!

Good luck and happy trading.

Hettie

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