Changed direction and hit the stop loss at 6625
Total profit: 100 points
Dax trade Update 3
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Author Archives: Assaf Scialom
Dax position Update 2
Hit target profit 2
move the stop loss to 6625
and let the last trade run
Dax position Update 1
Hit the first target (6625) taking 25 points
move the stop loss to breakeven and let the trade run
New Dax position
Date / time: 11/04/2012 6:45 GMT
Direction: Buy
Level: 6600
Stop loss: 6575
Size: x3 per point
Targets:
T1 = 6625
T2 = 6650
T3 = 6675
New order Euro / Dollar Update 1: Close this trade
Update 1: Close this trade at 13995 (06:00 GMT) for profit $450 profit
Date / time: 28/10/2011 10:00
Direction: Sell
Level: 14145
Stop loss: 14255
Size: x3 per point
Good till 13:00 GMT
Targets:
x3 = 13945
14100 move the stop loss to breakeven point
Maximum loss 110 pips x 3 = 330 Maximum profit 200 pips x 3 = 600
of One Cancel the other:
Direction: Buy
Level: 14255
Stop loss: 14145
Size: x3 per point
Good till 13:00 GMT
Targets:
x3 = 14455
14300 move the stop loss to breakeven point
Maximum loss 110 pips x 3 = 330 Maximum profit 200 pips x 3 = 600
2 new trades – Update 2: Wall st trade closed
Update 2: Wall st trade was 20 points up but closed at breakeven point
Update 1: To protect this position move the stop loss to breakeven (11900)
Sell Dow Jones 11900
stake x5
Stop 11921
Target 11860
Sell Euro / Dollar
13930
stake x5
Stop 13955
Target 13880
New order Euro / Dollar update 2: extend the order till 14:30 GMT
Update 2: Valid till 14:30 GMT
Update 1: A nice triangle is forming on the 30m chart so you can extend this order till 14:00 GMT
Date / time: 24/10/2011 12:33
Direction: Sell
Level: 13820
Stop loss: 13870
Size: x3 per point
Good till 13:00 GMT
Targets:
x3 = 13720
13690 move the stop loss to breakeven point
Maximum loss 50 pips x3 = 150 Maximum profit 100 pips x 3 = 300
New order Euro / Dollar Update 1: Loss
Update 1: Hit our stop loss
Date / time: 21/10/2011 09:03
Direction: Sell
Level: 13725
Stop loss: 13759
Size: x3 per point
Good till 9:30 GMT
Targets:
x3 = 13665
13700 move the stop loss to breakeven point
Maximum loss 34 pips x3 = 102 Maximum profit 60 pips x 3 = 180
New order – Sell Dax Update 4 (07:36) We are still on this trade
Update 4 (07:36) after we took profit in two exit points the third one is a bit more difficult – although the dax was only 4 points far away it bounced back to the 5800 region. We already gain 110 points profit and out stop loss is at breakeven point, so we can keep this trade and hope that the dax will touch out final target at 5740
Update 3 (15:57) Take profit (second third of the stake) at 5770
Update 2 (14:57) Take profit (third of the stake) at 5800
Update 1 (14:28) move stoploss to break even point, but don’t take profit yet
Date / time: 20/10/2011 14:05 (GMT)
Direction: Sell
Level: 5840
Stop loss: 5905
Size: x3 per point
Good for 25 minutes (14:30 GMT)
Targets:
x1 = 5800 then move the stop loss to breakeven point
x1 = 5770
x1 = 5740
Maximum loss 55pips x3 = 155
Maximum profit = 210
New trade – Sell Euro / Dollar (20/10 12:22 GMT) – Update 2: reached target
Update 2: Total profit 210
Update 1 14:15GMT move stop loss to breakeven point
Sell the Euro vs Dollar at 13785 stop loss 13845
Stake x2
Target: 13680
Move to breakeven at 13740
Maximum risk 2×60 = 120
Maximum profit 2×105 = 210