Week of Feb 21 - Feb 26
Week of Feb 21 - Feb 26
GBPJPY long at 140.35 SL 139.00 TP 145.00
Use a 100 pips trailing stop.
This is generally a very volatile pair, so please use any Yen crosses with utmost care.
100 pips is not really much as far as this yen cross is concerned.
EDIT Feb 22, 2010 at 1200 EST
Revise the entry to 140.00, SL 138.00, and TP remain the same.
EDIT: Feb 22, 2010 at 1445 EST
In case the pair does not go down to our preferred entry point, you may enter between 141.00 - 141.25. The Sl, TS and TP setting do not change.
Use a 100 pips trailing stop.
This is generally a very volatile pair, so please use any Yen crosses with utmost care.
100 pips is not really much as far as this yen cross is concerned.
EDIT Feb 22, 2010 at 1200 EST
Revise the entry to 140.00, SL 138.00, and TP remain the same.
EDIT: Feb 22, 2010 at 1445 EST
In case the pair does not go down to our preferred entry point, you may enter between 141.00 - 141.25. The Sl, TS and TP setting do not change.
Last edited by Levaz on Tue Feb 23, 2010 11:34 am; edited 3 times in total
Levaz- Posts : 498
Join date : 2010-02-19
Age : 54
Location : Toronto
Re: Week of Feb 21 - Feb 26
EURCHF long at 1.4645 or lower (if possible)
SL 1.4630 (does not change even if you get in lower)
TP - 10 - 20 pips or 1.4681 (for those whoa re patient.
this trade should keep repeating itself several times over.
Basically, we buy at the lows with a very tight Stop loss, just in case.
And our Take Profit is well within the daily trading range.
Keep repeating this trade as long as the Stop loss is not hit.
For the adventurous, the market is pushing the pair lower due to Euro-zone concerns.
So you may want to short the pair at the highs and get out at the lows.
Levaz
SL 1.4630 (does not change even if you get in lower)
TP - 10 - 20 pips or 1.4681 (for those whoa re patient.
this trade should keep repeating itself several times over.
Basically, we buy at the lows with a very tight Stop loss, just in case.
And our Take Profit is well within the daily trading range.
Keep repeating this trade as long as the Stop loss is not hit.
For the adventurous, the market is pushing the pair lower due to Euro-zone concerns.
So you may want to short the pair at the highs and get out at the lows.
Levaz
Levaz- Posts : 498
Join date : 2010-02-19
Age : 54
Location : Toronto
Re: Week of Feb 21 - Feb 26
EURJPY long at 122.25 SL 120.25 TP 125.00
Levaz- Posts : 498
Join date : 2010-02-19
Age : 54
Location : Toronto
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