Monday, June 20, 2011
ENTRY TRADE SIGNALS
Signal 1:
Currency Pair: GBP/JPY
Entry Order: BUY @ 130.27 stop
Stop-Loss (S/L): 129.79
Take Profit (T/P): 131.47
Signal 2:
Currency Pair: EUR/GBP
Entry Order: BUY @ 0.8855 stop
Stop-Loss (S/L): 0.8834
Take Profit (T/P): 0.8917
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.
If you’re interested, we execute these trades through an Institutional quality ECN broker. I am sure some retail feeds and other ECN’s will show different prints. Any discrepancies in fills, stops, limits, are unavoidable and unintentional.
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!