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REPORT TODAY June 30 2008

MY open position on SHORT USDJPY hit TP for +92
My open position on LONG EURUSD hit SL for -25, thats why we need an SL, to control our trade risk.

So today I had +77.
Enough for today.
Hope you have it too

REPORT USD JPY June 30 2008

We have our SHORT POSITION on USDJPY closed for +90 profit.
Hope u have it too

EUR USD - June 30 2008

We are heading London Open and I'm establishing a LONG position on EURUSD
My Risk control is located at 1.5787, and I put may SL at 1.5785.
TP 1. : 1.5842
TP 2. : 1.5902

If in the London Open the price move below 1.5766 than I will go SHORT and use level 1.5787 as my control risk
TP 1. : 1.5732
TP 2. : 1.5699

Hope its helps

USD JPY - June 30 2008

USD JPY
Benchmark level: 106.41

If the price move above the benchmark then take Long position of USD JPY.
Risk Controling : 106.10
Take profit 1 : 107.02
Take Profit 2 : 107.65

If the price move above 106.10 than we should consider take short position.
use benchmark as risk controling for short position.
Take profit 1 : 105.65
Take Profit 2 : 105.18

Good Luck !

What Do We Do If We Miss The Boat

So yesterday trade was against my bias.
What do we do if we had this situation?
If you guys concern on the pivot level, we can still do a trade using that level, if the price is playing above the level than we could go long and vice versa for the short.
As for yesterday, if we only waiting one direction per pair then there will be no trade for us.
Otherwise there are good opportunity to gain pips yesterday, so I if you dare, and had a chance you can still go on the trade, and using the level as the risk control.

Hope its inspiring'
Pramudita

EUR USD - 28 June 2008

EUR USD


I am looking for an opportunity to establishing a SHORT order on EUR USD if the price move below 1.5717.
Set SD -2 level at 1.5582 as maximum target.
Controlling trade risk at H4 pivot level at 1.5748 + spread or today's highest at 1.5765 + spread.

Hope it helps'

USD JPY - June 27 2008

Market Overview on USD JPY Today.

USD JPY is at 107.07 right now.
USD JPY Pivot level is at 107.19
If in the European session the price is going to go above this level than I will look for an opportunity to go LONG USD JPY.
Set the Daily Standart Deviation +2 at 108.71 as maximum target, and controlling my risk by placing SL at 106.79 - spread.

If in the European session the price is stay below 107.19, then I would cancel my position and waiting for another opportunity to open a position.

Hope it Helps'

Trade Result for June 16, 2008

Damn! All of our trade touch SL today.

EUR USD
buy:
-48
sell:
-45

USD JPY
buy:
-25
sell :
-25

Cross your finger my firend.

Signal June 16, 2008

EUR USD

buy stop 1.5418
SL. 1.5370
TP. 1.5460

sell stop 1.5370
SL. 1.5415
TP. 1.5310


USD JPY

buy stop 108.45
SL 108.20
TP 108.75

sell stop 108.00
SL 108.25
TP 107.75

Good Luck