Your trading volume can improve lives!

10% of the total profit earned by RebateFX is now donated every month to Charity!

9th January Forex Breakout Signals

  • Author: admin
  • Date: January - 9 - 2009

USD/JPY – 20 pip trail
Sell @ 90.84 SL91.23 TP90.34

EUR/JPY – 25 pip trail
Sell @ 124.16 SL124.84 TP123.42

GBP/JPY – 40 pip trail
Buy @139.66 SL138.69 TP140.85

GBP/CHF – 40 pip trail
Buy @ 1.6800 SL1.6643 TP1.7005

9th January Forex Breakout Signals

6 Responses to 9th January Forex Breakout Signals

  1. fx says:

    i have tried your signal but always hit my stop loss i use pending order if sell i placed an sell stop order but my stop loss are always hit can u please help me to figure it out

  2. fx says:

    can u please provide the time?

  3. Jafar says:

    Hello FX

    You need to enter the orders as soon as possible from when they are posted. I set them up around 6:30am GMT. If you are late and notice that a position has already entered or already reached target or stop loss, don’t re-enter it or enter it in late.

    If you want to get the signals without having to check the website all the time, subscribe to the RSS feed or download the toolbar. Alternatively, check after 6:30am GMT or no later than 7:00am GMT.

  4. FX-Trader says:

    Hello Jafar,
    first of all i hope you will understand my English, i’m from Germany :)
    I found your signals on the web and i have a question.
    What do you mean with the “trail” in every trade, e.g. in USD/JPY : 20 pip trail.
    Does it mean that when a win of 20 pips is reached, the SL will be set on Entry or does it mean a trailing stop with a trailing difference of 20 pips or does it mean something completely else ?
    Can you please describe it, maybe with an example.

    Thank you very much

  5. fx says:

    thanks a lot for the reply/help will try it on monday thanks apprediate it

  6. Jafar says:

    Hello FX-Trader

    The trail is just a suggested trailing stop to set. The trailing stop is a way of locking in profits on the metatrader 4 platform. When the profit hits the trailing stop setting (say 20 pips) the stop loss moves to break even automatically, then if the trade becomes more profitable, the stop loss is also “trailed” giving you a positive stop loss. This means if the trade moved to say +25, then the market went against you, you would still get +5 pips.

    You don’t have to use it. It’s just there as a safety barrier for those with smaller, over leveraged accounts.

Leave a Reply

Economic News