Monday, April 9, 2007

Week 5: Monday

Setup: Once again, I begin the week by resetting my demo account to $5,000 USD, with a leverage of 20:1. For this week, the profit-loss ratio will be 2.5:1. Stop loss remains at 30 pips. Take profit is 75. I'll be trading each of the Big Six at roughly $15,000 lots.

AUD/USD: -
EUR/USD: -
GBP/USD: -

USD/CAD: -
USD/CHF: -
USD/JPY: --

I entered twelve total trades, with seven of them stopping out before today was over, leaving a hole worth $267.05 in my investment capital. Five trades carried over to Tuesday.

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