GBP 0.00% 1.4¢ global petroleum limited

trades, page-2

  1. 4,960 Posts.
    Hi Miike,


    Potential Profit of 46 pips

    Potential Loss of 94 pips

    High risk to reward?

    Looking at last days trading range (2am 'til now), I would have suggested 1.9975 buy (breakout above high of range)

    Profit @ 1.995 to capture last high

    Stop loss @1.9935 as break of lower part of range.

    You working off projected fib retracements of 5 way corrective swing from high of 1.9974 at 11amish to current 1.994?

    (Still learning FX so these questions are not coming from a gun trader)



    PS If I recall a previous post you mentioned mt4 trading platform... am currently working on programming pip crawler bots on this platform... do you have any experience in this?

    Cheers


    ;)
 
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