RebateFX Free Forex Signals

March 5th Results

Posted on March 5th, 2008 by Jafar

GBP/JPY Sell triggered and hit stop loss for -54

USD/JPY Buy triggered and hit target for +29

EUR/JPY Buy triggered and hit target for +40

GBP/JPY Buy triggered and hit target for +85

Total: +100 clean

Delete pendings and await the usual gbp/jpy asia breakout at 10PM GMT

JNR // Mar 5, 2008 at 8:58 pm

It’s a good thing that… Using less pair did help increase profit factor. Also save lots of efforts and worries of those with tight margin. Thanks for the pips Jafar.
MarcL // Mar 5, 2008 at 9:22 pm

I think my trader is messed up with my trader because I went about -$15 USD today…
MarcL // Mar 5, 2008 at 10:01 pm

Nevermind on my last comment, figured it out. But please explain what pip trail is…
Thanks,
Marc
Jafar // Mar 5, 2008 at 11:12 pm

Hi MarcL

A trailing stop is a feature of Metatrader 4 that automatically moves your stop loss to break even when your profit hits a certain point (like at +25). If the position continues to be more profitable, the trailing stop moves your stop loss into a profitable one should the market reverse and hit it. That’s it in a nutshell.