Friday 12 November 2010

20101112

Looking at Stop of 4 pts and target 12 & 16. RR of 3&4 each

Nice move according to plan. Key is in entry, there were couple of time price move to area of interest. If enter on touch, we'll have 2 failure before the 3rd and successful move. Need to study how Trader-X or DbPhoenix enter their trade.

Below is BIG picture showing various points of interest in planning out the trade.