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Old 09-02-2009, 06:56 AM
 

Join Date: Sep 2007
Posts: 2
Default Daily 5am NY time Signals

BUY GBP/USD @ 1.6163 Stop Loss 1.6100 Target 1.6190
BUY GBP/JPY @ 149.64 Stop Loss 149.15 Target 150.50
BUY EUR/JPY @ 131.69 Stop Loss 131.50 Target 132.50
__________________________________________________
GBP/USD + 38
GBP/JPY + 79
EUR/JPY - 35
Total pips +82

I was hoping to catch some retracement. I put a small stop loss so that if it goes against me it won't hurt much, It made 50% retracement and as we can see gbp/jpy went up to 150.55 and my target was 5 pips less so we almost missed it, but eur/jpy I got negative.

Last edited by Armed4pips; 09-02-2009 at 01:19 PM.
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Old 09-02-2009, 07:33 AM
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Join Date: Aug 2009
Posts: 25
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Quote:
Originally Posted by Armed4pips View Post
BUY GBP/USD @ 1.6163 Stop Loss 1.6100 Target 1.6190
BUY GBP/JPY @ 149.64 Stop Loss 149.15 Target 150.50
BUY EUR/JPY @ 131.69 Stop Loss 131.50 Target 132.50
Im pretty new to the forex market, but was just curious how you calculate your stops and Risk to reward. Somethings not right?
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Old 09-03-2009, 06:11 AM
 

Join Date: Sep 2007
Posts: 2
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Sell GBP/JPY @ 151.09 Stop Loss Open TP 149.39
SELL GBP/USD @ 1.6360 Stop Loss 1.6390 TP 1.6235
SELL EUR/UPY @ 132.32 Stop Loss 132.60 TP 131.14

To Our Success!

Last edited by PipsyGirl; 09-03-2009 at 06:42 AM.
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