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 BUY @ 1.9618, 20 pip profit
June cumulative 174 pip profit (£1,165).
Inside Bars (USDJPY & EURUSD @ 1% risk per trade - if not triggered by 2pm, cancel)
CLOSED - USDJPY - stop to sell @ 107.67, 26 pip loss
Long trade closed at break even before 2pm
June cumulative 114 pip profit (£900)
Weekly Break Out (1% risk per trade GBPJPY)
Cancelled stop to sell @ 209.85 as too late in week to be valid.
June cumulative 313 pip profit (£470)
Wednesday Special (1% risk per trade GBPJPY)
June cumulative 87 pip profit (£168)
June total cumulative (excluding inside bars) 574 pip profit or £1,803(9.0%)
Daily pivots: GBPUSD 1.9558, EURJPY 167.50, GBPJPY 211.06
Thursday, June 19, 2008
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