Tuesday, June 3, 2008

STATE OF PLAY (Target/stop loss 20/30 on GBPUSD & EURJPY, 40/60 on GBPJPY; capital £20,000, 1.5% risk per trade)

System II signals
CLOSED - BUY GBPJPY @ 204.81, 40 pip profit
CLOSED - BUY GBPUSD @ 1.9653, 20 pip profit
June cumulative 60 pip profit (£400).

Inside Bars (if not triggered by midday, cancel)
CLOSED - USDJPY - sell @ 103.94, 38 pip loss

Weekly Break Out (GBPJPY)
Profit 149 pips (£270)

Daily pivots: GBPUSD 1.9669, EURJPY 162.77, GBPJPY 205.96

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