trade for sep 08/10

sep 08/10, the market behavior lead to change from a limit to a market order at the level.

From now on the entry order will be a MARKET entry order at a entry zone.

The trade went for a minuscule profit because market was very doubtful to get to the target (attached trade pic.)

SEP 08/10 - PAIR: CABLE. @ 10:22 GMT - PREFERRED BIAS: LONG

LONG BIAS:IF G/U GOES TO 5485 THEN SET UP A BUY LIMIT @ 5450 n' TRAIL TO 5495

SHORT BIAS: NOT IDENTIFIED

http://gusdinsalvoforex.blogspot.com/

SEP 03/10 - PAIR: CABLE. @ 15:30 GMT - PREFERRED BIAS: LONG

LONG BIAS:IF G/U GOES TO 5480 THEN SET UP A BUY LIMIT @ 5450 n' TRAIL TO 5495

SHORT BIAS: NOT IDENTIFIED

http://gusdinsalvoforex.blogspot.com/

SEP 02/10 - PAIR: CABLE. @ 17:00 GMT - PREFERRED BIAS: SHORT

TIME FRAME OF ANALYSIS 5 MINUTE CHART. ENTRY TYPE LIMIT ORDER, IF U PREFER MARKET ORDER, STICK TO THE SCREEN n' WAIT FOR THE PAIR TO GET TO THE ENTRY ZONE.

ALWAYS USE STOPS.
TECHNICAL STOP @ YOUR DISCRETION=IMMEDIATE PREVIOUS MEANINGFUL SWING HIGH/LOW, OR, AT LEAST 25 PIP FOR EURO AND 30 PIP FOR POUND. TRAIL STOP EVERY 25 PIP GAIN TO TARGET. (MT4 ALLOWS TRAILING STOPS IN PIPS).

LONG BIAS:
IF G/U GOES TO 5440
THEN SET UP A BUY LIMIT @ 5420 n' TRAIL TO 5485

SHORT BIAS:
IF G/U GOES TO 5360
THEN SET UP A SELL LIMIT @ 5385 n' TRAIL TO 5315

http://gusdinsalvoforex.blogspot.com/