A Journey to Master Forex Trading (FX Trader from Singapore)

Monday, December 8, 2008

Trading 2008-12-09

Open Short: 10,000 USD/CHF @ 1.21179
Stop level: 1.2011
Target level: 1.2184
Closed:

Open Short: 10,000 EUR/USD @ 1.28725
Stop level: 1.2972
Target level: 1.2743
Closed:

Open Short: 10,000 EUR/JPY @ 119.20
Stop level: 121.00
Target level: 117.09
Closed:

Open Long: 10,000 USD/JPY @ 93.456
Stop level: 92.50
Target level: 94.40
Closed: 92.50 (Loss 95.6 pips, ¥
9,560)

Open Short: 10,000 AUD/USD @ 0.6634
Stop level: 0.6730
Target level: 0.6545
Strong resistance at 0.6700
Closed: 0.6585 (Profit 49.10 pips, USD $49.10)


Existing positions remain the same.


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