Wednesday, June 25, 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
No live trades yet.
June cumulative 162 pip profit (£1,045).

Inside Bars (USDJPY & EURUSD @ 1% risk per trade - if not triggered by 2pm, cancel)
EURUSD - stop to buy 1.5598, stop to sell 1.5560
USDCHF - stop to buy 10429, stop to sell 1.0399
USDJPY - stop to buy 108.07, stop loss 107.80
June cumulative 159 pip profit (£1,279)

Weekly Break Out (1% risk per trade GBPJPY)
CLOSED - GBPJPY bought @ 212.87, 122 pip loss
June cumulative 69 pip profit (£70)

Wednesday Special (1% risk per trade GBPJPY)
Not taken this week due to Fed meeting.
June cumulative 87 pip profit (£168)

June total cumulative (excluding inside bars) 318 pip profit or £1,283 (6.4%)

Daily pivots: GBPUSD 1.9684, EURJPY 167.84, GBPJPY 212.30

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