Trade Oct 19, 2007

Journal Of BGX Forex Trading System

GBPUSD October 19, 2007

Daily open	2.0446
Cross / bonces wma	2.0455	Time : 09:30 GMT
Forex signal	Buy
Damiani volatmeter	Trend formed
Relative strengh index	Above center
Entry point	2.0485	Time : 10:30 GMT
Stop loss	2.0455
1st lot target +15 pips	2.0500	Time : 12:30 GMT
2nd lot target +30 pips	2.0515	Time : 12:30 GMT
3rd lot target +50 pips	2.0495	Time : 01:00 GMT
4th lot target Folow price	2.0495	Time : 01:00 GMT
Forex trade result	Gain
Pips Result	45 pips

Note:
Another 45 pips profit result for this GBPUSD trade