February 18th Breakout Signals
Posted on February 18th, 2008 by Jafar
USD/JPY
Buy @108.06 SL107.80 TP108.37
Sell @107.70 SL108.00 TP107.40
EUR/JPY
Buy @158.58 SL158.20 TP159.00
Sell @158.00 SL158.40 TP157.60
GBP/JPY
Buy @212.04 SL211.50 TP213.05
Sell @211.06 SL211.60 TP210.28
GBP/CHF
Buy @2.1514 SL2.1470 TP2.1639
Sell @2.1400 SL2.1450 TP2.1310
Don’t forget to trail the stop and have a successful Monday.
Hello Mr. Jafar,
I’m from Romania and I’m newbie. I try to learn to from your blog and signals. Please can explain me how to use the TS. Yours SL is direct TS ?
I understand 45 pip for GBP/… usualy and 25 for the rest.
Every day before open your blog, I try to put my own (signals) to test me if I learn, sime time.. I do…
Thank you for sharing and for your time.
A.D.
signals, forex Ukrain
Hello AD.
Yes, I use 35-45 pip trail in gbp/jpy and gbp/chf, and 20-25 for the rest. It depends on volatility and whether the position is shot into profit from news, or a regular, sustained move.
News moves often retrace so I tighten the trailing stop for those kind of moves.