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March 5th Breakouts

  • Author: admin
  • Date: March - 5 - 2008

USD/JPY – 20 pip trail

Buy @103.56 SL103.30 TP103.85

Sell @103.10 SL103.37 TP102.86

EUR/JPY – 25 pip trail

Buy @157.60 SL157.20 TP158.00

Sell @156.80 SL157.20 TP156.50

GBP/JPY – 35 pip trail

Buy @205.83 SL205.33 TP206.68

Sell @204.79 SL205.33 TP204.04

Suggested trailing stops given today for those who asked. Hoping for the last few days of ranging to end. Good Luck :)

March 5th Breakouts

4 Responses to March 5th Breakouts

  1. zico21021973 says:

    BUY 205.83 TP 206.68 = 85 pips
    Very good. Thanks

  2. JNR says:

    Finally… Answers to our painstaking effort to determine good trialling stop. Thanks for the trialling stop recommendation. It really helps. Do keep it up Jafar.

  3. Jafar says:

    I’m glad the trail suggestion helps. I wasn’t sure if ranging was going to continue today or not so I used a tighter trail of 35 on gbp/jpy where I normally use 45. Didn’t need it anyway :)

  4. JNR says:

    Have you ever thought of sharing this powerful breakout strategy with us, Sir Jafar? Sell it maybe? I’m looking for a long term use trading with this strategy (for the rest of my life maybe). Thanks. 😀

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