ForexKarma
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Sunday, June 12, 2011
ENTRY TRADE SIGNALS
Signal 1:
Currency Pair AUD/JPY
Entry Order Sell @ 84.45 stop
Stop-Loss (S/L) 84.87
Take Profit (T/P) None
Comment We are looking for a big move down
Signal 2:
Currency Pair USD/CHF
Entry Order Buy @ 84.41 stop
Stop-Loss (S/L) 84.19
Take Profit (T/P) 85.17
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!
ENTRY TRADE SIGNALS
Signal 1:
Currency Pair AUD/JPY
Entry Order Sell @ 84.45 stop
Stop-Loss (S/L) 84.87
Take Profit (T/P) None
Comment We are looking for a big move down
Signal 2:
Currency Pair USD/CHF
Entry Order Buy @ 84.41 stop
Stop-Loss (S/L) 84.19
Take Profit (T/P) 85.17
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!
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