Second EUR-USD Trade today using Forex Killer

WON = 30 pips
LOST = -9 pips

Again, I got another buy signal on Forex Killer:



I entered a long position with SL = 40 pips and TP = 20 pips at 9.15 pm :


After 1 hour, the price went up 12 pips and I re-adjusted my TP to 80 pips.
In the next hour, the price went up 30 pips from my entry price. It then started to go down. I immediately adjusted my SL 10 pips above my entry price to lock in 10 pips profit. Note that Oanda Trading Platform has no Trailing Stops.

When the price rose 45 pips, I entered another long position of 500 units at 1.4794 SL = -40 pips TP=80 pips

I now have 1000 units opened.

In the next hour, the price begin to drop 7 pips. I increased my SL = 20 pips above the entry price for the first long position. This locks in 20 pip profits. The next hour in increased SL = 30 pips to lock in 30 pips profit and also closed my 2nd trade with a loss of 9 pips. I now have only 1 open position with SL=30 pips above entry price and TP=80 above entry price

After 2 hours, the price dropped and I was stopped out, winning 30 pips.