Trades for 26 June 2013

This trade is based on Strategy 3.

My aim is to earn 40 pips.
Rules:

1. If sell stop triggered at 127.30 then TP = 126.90 & SL=128.10
2. If the trade goes against you then your Buy order triggers at 127.70 TP= 128.10 & SL = 126.90

If you sell closes with profit then delete the buy stop order.
Buy stop will only work if the price goes against you. Then your sell will close at 80 pips lose & buy will close at 40 pips profit.

Result:
1. You will earn 40 pips & delete all pending orders.
2. You will lose 80 pips on sell & make 40 pips on buy = -40 pips.
3. If your sell goes against you & buy stop triggers & then turns back (without hitting TP), then you sell order is already present. So if your sell order reaches TP then Buy will be on lose = -40.
4. Either you will earn 40 pips or lose.