Tuesday, June 10, 2008

STATE OF PLAY (Target/stop loss 20/30 on GBPUSD & EURJPY, 40/60 on GBPJPY for system 2; capital £20,000, 1.5% risk per trade)

System II signals
CLOSED - EURJPY SELL @ 166.09, 15 pip profit
June cumulative 155 pip profit (£1,150).

Inside Bars (USDJPY & EURUSD @ 1% risk per trade - if not triggered by 2pm, cancel)
CLOSED AT 40 PIPS TARGET - EURUSD sold @ 1.5571
CLOSED AT 25 PIPS TARGET - USDJPY bought @ 106.75
Cumulative 107 pip profit (£800)

Weekly Break Out (1% risk per trade GBPJPY)
1. CLOSED - GBPJPY sold @ 207.36 (6am), 85 pip loss (£104).
2. CLOSED (overnight) LIVE - GBPJPY bought @ 208.21, target 210.70 achieved 249 pip profit (£304)
Cumulative 313 pip profit (£470)

Wednesday Special (1% risk per trade GBPJPY)
Cumulative 100 pip profit (200)

June cumulative (excluding inside bars) 568 pip profit or £1,820 (9.1%)

Daily pivots: GBPUSD 1.9733, EURJPY 166.27, GBPJPY 208.76

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