Tuesday, June 14, 2011

ENTRY TRADE SIGNALS

Signal 1:

Currency Pair: USD/CHF
Entry Order: BUY @ 0.8459 stop
Stop-Loss (S/L): 0.8421
Take Profit (T/P): 0.8541


Signal 2:

Currency Pair: EUR/CAD
Entry Order: SELL @ 1.3961 stop
Stop-Loss (S/L): 1.4004
Take Profit (T/P): 1.3887

CURRENT OPEN POSITIONS:

Date: 6/13
Currency: LONG GBP/JPY @ 1.3145
Current price: 1.3189
Stop-Loss: Sell @ 1.3155 stop
Target: 1.3323 T/P
Open P/L: +44 pips


Pending orders should be cancelled if not triggered by the close of the trading session.

Open trades will be assigned updated S/L and T/P levels in the following trading session.

Disclaimer:

If you do NOT have iron discipline or an edge (that you can quantify), the Forex market will either:

eat you alive, drive you to drink, lead you to beat your wife, or give you ulcers. Only trade with risk capital as there is a risk of loss. Money management is very IMPORTANT!


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