Fri 3 Jan 2014

3 Jan 2014

AUX strong H4 showed a strong engulfing candle followed by a second positive candle. On the M1 I watched the prices as it went through the Res 2 the fell back and then cleared it again. Took the Trade. SL 12 TP 20. Moved briefly against me then surged up, I closed within five minutes with a profit 10. Friday after new year market still uncertain so did not hold for full profit.

37209992	2014.01.03 08:46	buy	0.01	xauusd		1236.77		1234.79		1239.79		2014.01.03 08:51		1237.70		0.00		0.00	0.00		0.93

Trading with Andrew Mitchem - 2 Jan 2014

2 nd Jan 2014

D EURUSD Strong negative divergence in several time frames. Well below Sup 1 and I am gambling that it will fall through Sup 2 and have placed take profit just above this and the 138 extension at 18 pips. SL above Sup 1 by a fair margin at 10 pips

Result: Trade went the right way and kept going right through Sup2 and two fib levels. Seeing as it still an uncertain and I was on screen and saw 7.5 pips I closed and was happy as before long the Eur bounced back over support 2.

37183377

2014.01.02 08:07

sell

0.01

eurusd

1.37565

1.37673

1.37385

2014.01.02 08:42

1.37490

0.00

0.00

0.00

0.75