Trade Review 1 Feb 2011 - "9 Step Trading System"

A setup on the Aud/Usd produced a 68 pip profit.

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

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Thought of the Day

“A goal without a plan is just a wish.”

Larry Elder

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The 9 step system gave a good BUY setup on the: Aud/Usd
Stop loss at: 0.9865
Entry Point at: 0.9919
Take Profit at: 0.9987

This was a 68 pips profit.

Trading with one Standard lot you could have banked $680.

There were also good trades on some of the other currency pairs for eg. the Eur/Jpy and the Eur/Gbp.

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

Good luck and happy trading.

Hettie