Retrospective Let us consider a new personal composite instrument | Technical Analysis &XAGJPY 2018-04-04 | IFCM
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Retrospective of Technical Analysis &XAGJPY From 2018-04-04

Let us consider a new personal composite instrument

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Buy stop17,8
Take profit18,08 and 18,8
Return on Investment +3,6%
Overview date 2018-04-04
Date of the closing positionfrom 2018-04-25 to 2018-06-15

The chart shows the real change of quotations after the publication of technical analysis on 2018-04-04. The pending order from this analysis was executed and the position was opened. Next, we shall move the stop to the next fractal low following the Bollinger Bands and Parabolic SAR signals at the 4-hour charts. Thus, we are changing the potential profit/loss to the breakeven point. The position shall be closed when the price meets the Bollinger bands, the Parabolic SAR, the trend line and the fractal indicator.

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