Nzd/Usd Trade Review 8 August 2011 - "9 Step Trading System"

A setup on the Nzd/Usd produced a 145 pip profit. Below is a trade based on the rules of the "9 Step Trading System".



*****

Thought of the Day

If you are not big enough to lose, you are not big enough to win.



Walter Reuther

*****





The 9 step system gave a SELL setup on the: Nzd/Usd





Entry Point at: 0.8341

1st Take Profit target: 0.8268

2nd Take Profit target: 0.8196

3rd Take Profit target, depending on your risk appetite 0.8077





Trading with one Standard lot you could have banked $1450 Usdollars.

Trading with 3 lots sizes:

1st lot $730

2nd lot $1450

3rd lot $2640

A total of 482 pips on the Nzd/Usd



Congratulations to those who profited from these trades, keep up the

good work!



Good luck and happy trading.



Hettie