TradeProfits

Evening trades

Posted on 30. Jun, 2009 by admin in Uncategorized

Earlier today I wrote about two possible setups. They have both reached a level where I feel good about entering. Here goes:

First trade: Short EUR/CAD at 1.6296 with a stop loss of 50 pips and take profit is open.

Second trade: Long GBP/JPY at 159.255 with a stop loss with of 50 pips and take profit is open.

I am going to bed now. Hope everything plays out well. I have both trades running with 1% of my balance. I am going to bed now, and I will have a look, first thing in the morning. If you take these trades, you should keep a tight stop loss and risk no more than 0.5 to 1% of your balance on each trade. There is no guarantee.

Related posts:

1. Details about eariler trades
2. Update on yesterdays trades
3. Update on yesterday’s trade and new entry
4. Update on current trades
5. NFP Whipsaw

Tags: forex signal