March 5th Breakouts
Posted on March 5th, 2008 by Jafar
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 
GBP/JPY
BUY 205.83 TP 206.68 = 85 pips
Very good. Thanks
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.
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
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.