25th July Update
Posted on July 25th, 2008 by Jafar
No breakouts today because the markets moved out of bounds for safe entries.
On the other hand… that means good things for our swing trades 
USD/JPY sitting at +62, EUR/JPY sitting at +36, and +100 pips taken on the first lot of GBP/JPY with the remainder trailing at +115 pips 
I guess all there is to say now is have a good weekend!
nice work sir
**APPLAUSE APPLAUSE** ! Looking forward to next week! U DA MAN! You should teach a Forex course! pEaCe n great weekend to yah!
Hi Jafar,
I didn’t use your swing signals before, so I am a little bit confused. Does ” initial stop” mean stop loss? Were is the entry point? Thank you in advance.
Hi Aleks
The initial stop loss is a suggestion for swing only. You should move the stop to break even or +5 or something when the trade nears +50 or so.
It’s up to you how many lots you trade and whether you take partial profits at +50, +100 or let the whole lot run.
The entry point is the open of the Daily Candle as the swing trade is taken from the daily chart.