Thursday, June 12, 2008

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

System II signals
CLOSED - GBPUSD SELL @ 1.9562, 8 pip loss
June cumulative 137 pip profit (£970).

Inside Bars (USDJPY & EURUSD @ 1% risk per trade - if not triggered by 2pm, cancel)
CLOSED - USDJPY - bought @ 107.37, 20 pip target achieved
CLOSED BEFORE US RETAIL SALES - USDJPY, bought @ 107.59, 10 pip profit
June cumulative 137 pip profit (£1,100)

Weekly Break Out (1% risk per trade GBPJPY)
June cumulative 313 pip profit (£470)

Wednesday Special (1% risk per trade GBPJPY)
June cumulative 92 pip profit (£180)

June total cumulative (excluding inside bars) 542 pip profit or £1,620 (8.4%)

Daily pivots: GBPUSD 1.9597, EURJPY 166.29, GBPJPY 209.91

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