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Monday, January 28, 2008

Forex Trading Using Forex Killer

Experimenting with Forex Killer.

Based on this:
Note that I used only 3 digits. For example, instead of typing in 106.67, I just typed in 667.
For JYP, one pip is .01, so Forex Killer should still work.

I shorted the USD-JPY at 106.19 at 1.08 pm. Below is the screenshot after 1 hour:


I had moved my Stop Loss from 40 pips to the Actual Sell Price itself. And I moved the Take Profit 60 away. Hopefully the profits will keep running. ForexKiller has been correct so far.

Unfortunately after about 5 minutes, the price went up and took out my Stop Loss and I made 0 pips profit. It appears that I have tried to lock in the profits too soon.

1 comment:

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