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Yesterday we had one lossing trade signalMy trade signals yesterday took a loss, no-big-deal. I work out the risk to reward ratio before placing every market order. This way I know how often my forex predictions have to be correct in order to breakeven. Profit targets should come quickly today due to this week volatility. So far the day trading signal system has been profitable with low draw-down however we are only a few days into the public posting of my forex trading systems. As planned I am not trading the Japanese Yen today. This is Friday so make sure all your limit orders or open forex positions are closed before the weeks end. I also want to welcome readers to browse over my Forex arcticle on the Trading with the US Dollar Index Charts.
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EUR/AUD
Current FX Prices
Entry Signal Buy (Long Entry) Orders Set
1.6285
Exit Signals
1.6250 Stop Loss Order or cancel at trade day end
1.6345 Take Profit Order
Entry Signal Sell (Enter Short) Orders Set
1.6105
Exit Signal
1.6132 Stop Loss Order or close at trade day end
1.6045 Take Profit Order