[uptick]

5/7
I'm seeing GBPJPY and EURJPY broke daily support today. I'm going short. Let's see what happens. Just setting 2 targets on these.

5/8
Saw a nice drop and EURJPY and GBPJPY hitting both targets. Target 2 on EURJPY and GBPJPY were set right at 50day and it hit it perfectly.

Short GBPJPY at 204.42
Target 1 at 203.42 (Target 1 HIT +100)
Target 2 at 202.42 (Target 2 HIT +200)
100 + 200 / 2 = +150

Short EURJPY at 161.09
Target 1 at 160.09 (Target 1 HIT +100)
Target 2 at 159.09 (Target 2 HIT +200)
100 + 200 / 2 = +150 pips



Trade P/L: +300
MTD: +419


DO NOT TRADE OFF THESE SIGNALS. I AM ONLY TRADING THIS STRATEGY IN A DEMO ACCOUNT.

[Please don't trade off of the inputs I enter here (as they will be old news by the time i post it). At some point I will setup a desktop sharing program for those interested in following it live]

"Hypothetical performance results have many inherent limitations. No representation is being made that any account will or is likely to achieve profits or losses similar to those shown. In fact, there are frequently sharp differences between hypothetical performance results and the actual results subsequently achieved by any particularly trading program. One of the limitations of hypothetical performance results is that they are generally prepared with the benefit of hindsight. In addition, hypothetical trading does not involve financial risk. Variables such as the ability to adhere to a particular trading program in spite of trading losses as well as maintaining adequate liquidity are material points which can adversely affect actual real trading results."