Tuesday, October 25, 2011
ENTRY TRADE SIGNALS
Signal 1:
Currency Pair: GBP/JPY
Entry Order: BUY @ 122.09 stop
Stop-Loss (S/L): 121.57
Take Profit (T/P): 124.85
Signal 2:
Currency Pair: AUD/USD
Entry Order: SELL @ 1.0395 stop
Stop-Loss (S/L): 1.0445
Take Profit (T/P): 1.0287
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!