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 @ 1.9506, 12 pips profit
CLOSED - GBPJPY SELL @ 211.28, 0 pips profit
June cumulative 154 pip profit (£965).
Inside Bars (USDJPY & EURUSD @ 1% risk per trade - if not triggered by 2pm, cancel)
CLOSED - EURUSD - sold @ 1.5473, 25 pip loss
June cumulative 140 pip profit (£1,100)
Weekly Break Out (1% risk per trade GBPJPY)Stop to sell level 209.85.
June cumulative 313 pip profit (£470)
Wednesday Special (1% risk per trade GBPJPY)
CLOSED (Mervyn King speaking at 7:30 and this trade hasn't done anything!)Bought GBPJPY @ 211.15, 5 pip loss
June cumulative 87 pip profit (£168)
June total cumulative (excluding inside bars) 554 pip profit or £1,603(8.0%)
Daily pivots: GBPUSD 1.9579, EURJPY 167.44, GBPJPY 211.48
Wednesday, June 18, 2008
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