LMT first trades

Posted on 18. Jun, 2009 by admin in Random Noise

Alright guys, here is to the first signal from LMT. Actually the signal was generated some hours ago, but as I was out with some of my friends, I didn’t have time to check up on the forex market before now. Although I am a bit late, the entry I will get is actually better than if I would have entered when the signal was generated. Here goes:

Long EUR/USD: 1.3910 with a stop loss of 148 pips, and our first target of 74 pips. Now if we reach the first target, this simple means that we will move out stop loss to break even, and let it run.

Second trade is a Long on NZD/USD at: 0.6340 with a stop loss of 101 pips, and the first target of 50 pips.

Let´s see how things work out.