Public Live Test - Trade 2

2016年1月6日

1) Daily trend: downtrend established at the end of November, 2015; corrective rally since middle of December, 2015.

2) 8-hour chart: price has reached what appears to be the line in the sand for resistance, with oscillator divergence confirming a short setup. If price reaches new highs, it would be prudent to step aside; my current short bias would have to be re-evaluated.

3) 2-hour chart: oscillator divergence supporting the 8-hour chart analysis.

I missed the entry setup, and now I'm waiting for a retracement back to that level.

Entry: sell 14,000 @ 1.00875
Initial stop-loss: 1.01252
1st target: 0.99492 (buy 6,000)
2nd target: 0.98549 (buy 5,000)
Trail stop on remaining 3,000

2016年1月7日

交易進行

Stop-loss moved to 1.0151

2016年1月7日

交易進行

Stop-loss moved to 1.0833

2016年1月7日

交易進行

Corrections to stop-loss adjustments:

1st adjustment should have read 1.01051
2nd adjustment should have read 1.00833

I apologize for any confusion

2016年1月7日

交易進行

My 1st target is too aggressive - I prefer to be more conservative, even if only by 20 pips; therefore, I've adjusted the 1st target to 0.99728

2016年1月7日

交易進行

2nd target not aggressive enough; therefore, I've adjusted the 2nd target to 0.98156

2016年1月8日

交易進行

1st target achieved; stop-loss moved to 1.00372

2016年1月11日

交易結束：達到停損點

Starting balance: $4,443.65
Gross P/L: +103.97
Commission: - 1.12
Roll charge: - 2.95
Net P/L: + 99.90
Ending balance: $4,543.55 ( + 2.248%; + 0.968% YTD)
MAE: 37.6 pips (0.997R)
MFE: 164.6 pips (4.366R)