Trade Review 9 Dec 2010 - "9 Step Trading System"

A setup on the Nzd/Usd produced a 53 pip profit.

Below is a trade based on the rules of the "9 Step Trading System".


*****
Thought for the day:

Always bear in mind that your own resolution to succeed is more important than any other.
Abraham Lincoln

*****



The 9 step system gave a setup on the:



Nzd/Usd

Stop loss at: 0.7664
Entry Point at: 0.7611
Take Profit at: 0.7558

This was a 53 pips profit.


Trading with one Standard lot you could have banked $530.


Congratulations to those who profited from this trade, keep up the
good work!

Good luck and happy trading.

Hettie