Date:

3/20/2012

MACD Crossover at

00:00 EST

Confirmation at

01:00 EST

Signal:

Sell

Action:

Market Order opened

Stop Loss:

50 Pips (5 $)

Take Profit:

TP1 at 50 Pips (5 $) / TP2 at 100 Pips (10 $) / TP3 at 150 Pips (15 $) / TP4 at 200 Pips (20 $)  / TP5 at 250 Pips (25 $) 

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(Chart done with FXCM)

MACD-Indicator:

I use the technical indicator MACD for my trading. The MACD line is nothing else than the difference between the 26 EMA and the 12 EMA. The Signal line is the 9 EMA of the MACD line. The Histogram shows the difference between the Signal line and the MACD line.

MACD-Crossover and Confirmation:

I wait on the hourly chart for a crossover. After the MACD line crossed the Signal line I need to wait one more hour for confirmation.

Risik Management: For each trade I have a 5 Dollar Stop Loss. My Take Profit is between 5 and 25 Dollar.

Money-Management: On my account I risk for each trade LESS THAN ONE PERCENT. That means I need to have at least 500 Dollar on my account for one trade. If you trade all the Take Profit targets you should have at least 2.500 Dollar on your account. I am trading only Micro Lots.

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