Tuesday, June 24, 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 (at midday) - EURJPY SELL @ 167.89, 6 pip loss
June cumulative 162 pip profit (£1,045).

Inside Bars (USDJPY & EURUSD @ 1% risk per trade - if not triggered by 2pm, cancel)
CLOSED AT 2PM - EURUSD - bought @ 1.5575, 2 pip profit
CLOSED AT 2PM - USDCHF - sold @ @ 1.0403, 14 pip profit
June cumulative 159 pip profit (£1,279)

Weekly Break Out (1% risk per trade GBPJPY)
CLOSED - GBPJPY SOLD @ 211.65, 122 pip loss
LIVE - GBPJPY bought @ 212.87, stop loss 211.65, target 215.31.
June cumulative 191 pip profit (£270)

Wednesday Special (1% risk per trade GBPJPY)
June cumulative 87 pip profit (£168)

June total cumulative (excluding inside bars) 440 pip profit or £1,483 (7.4%)

Daily pivots: GBPUSD 1.9667, EURJPY 167.35, GBPJPY 211.75

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