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March 25th Forex Breakouts

  • Author: admin
  • Date: March - 25 - 2008

USD/JPY – 20 pip trail

Buy @100.57 SL100.30 TP100.84

Sell @100.09 SL100.30 TP99.75

EUR/JPY – 25 pip trail

Buy @156.23 SL155.83 TP156.63

Sell @155.58 SL156.00 TP155.18

GBP/JPY -45 pip trail

Buy @200.92 SL200.40 TP202.00

Sell @198.90 SL200.40 TP198.20

Welcome back. I hope you all had a nice break. Now back to work :)

March 25th Forex Breakouts

2 Responses to March 25th Forex Breakouts

  1. cpiccoli says:

    Hi Jafar,

    little trouble…

    how big must be the market movement
    to move the SL ?
    25 pip trail mean that you move the SL
    in steps of 25 ?

    Thank you !
    CP

  2. Jafar says:

    If you have a trailing stop of 25, the market must hit at least +25 to trigger it. If the market goes to +26, the trail will move your stop to +1 and so on. If the market then reverses, you still get one pip profit. Better than nothing :)

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