Hey, one huge trade I'd like to share with you.
:D :D :D :D
First of all I'd like to congratulate LiteForex.org, my broker, witch is part of Straighthold company. The trade I show you down here was made at a specific currency named LFXJPY. LFX is no country currency, it represent the average performance of all currencies agains JPY. So it's a index of JPY performance.
Besides the visual help that this kind of pair gives you when you are opening a position, this LFXJPY is a very profitable pair.
So, I'll let the image says by itself:
Trade opened on the brown horizontal line, at 65.610; closed at the blue horizontal line, at 66.661. As you can see this time I desrespected my trading system on the closing trade rules, with a good reason of course, I did not wait for the stoch cross the 60 level. The good reason was the good news for the pairs that make fronteir against jpy, what was making a big drop of the index price.
Math: 66.661 - 65.610 = 1051 pips - 35 pips(spread) = 1016 pips
Trade total time: 112 hours.
Thursday, November 1, 2007
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