RebateFX Free Forex Signals

2nd April Results

Posted on April 2nd, 2008 by Jafar

USD/JPY Buy triggered and hit stop loss for -35

EUR/JPY Buy triggered and hit target for +60

GBP/JPY Buy triggered and hit trailing stop for +60

Total: +85 pips

Next signal will be SWING at 9PM GMT

Aleks // Apr 2, 2008 at 5:51 pm

Hello Jafar,

Which trailing stop do you use? My numbers are differ then your are.
USD/JPY - -25
EUR/JPY - +60
GBP/JPY - +11

so I have thought it can be because of trailing stop. I use 10 pips.

Thank you
kobi // Apr 2, 2008 at 7:38 pm

hi jafar,

first thanks for the last swing it was perfect

second if u dont mind to explain how the trail is working? because i did the same with the gbp/jpy and i lost 2 pips (you took 60)

thanks again
kobi
MdShamz // Apr 2, 2008 at 9:57 pm

Hi Kobi,

not trying to be smart a$$ here but i think it because of the spread.Depend on your broker actually..if u have a higher spread u might get stop early and the one with the lower spread wont get stop….it just swing back to the profit.

Just imagine broker with spread 9 and 2-3 on gbp/jpy…that’s make a huge different when using trail stop.That is 6-7pips gap.

Just my 2pips bro.