We just hit the profit target in less than six hours from entering position time. Congratulation for those who follow us.
Archive for March, 2008
GBP/JPY has recovered nicely overnight. However, in current situation, any rally in yen pair should be a very good selling opportunity. Thus, we recommend sell GBP/JPY at current level. 200.50 with profit target 197.00. This is 350pips target with SL 1:1 ratio. Patient is the most important thing here. Use proper margin for this trade.
Good luck
We just entrered Sell USDCAD @ 0.9920 with profit target 0.9550 - 0.9600. The key here is money management. use proper leverage to enter this trade.
good luck
We are watching very closely USDCAD today after sharp rebound during NFP. The pair currently sit on 50% retracement around 0.9950 and forming double top on 1hr and 4hrs chart. A break above 1.000 will lead to further strengthen on USDCAD. If fail to break the 1.0000, we forecast it will test pre-nfp low around 0.9735.
Good Luck
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