Thursday, February 7, 2013

GBPJPY punch signal

TRACKING

7 February 2013. BUY order triggered at 147.26.

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GBPJPY last day candle closed in the shadow of the previous day candle.


Put two pending orders. One BUY STOP order and one SELL STOP order.

BUY STOP

Entry price: 147.26
1st Take profit: 148.06
2nd Take profit: 149.37
3rd Take profit: 151.49
Stop loss: 145.95

SELL STOP

Entry price: 145.95
1st Take profit: 145.15
2nd Take profit: 143.84
3rd Take profit: 141.72
Stop loss: 147.26

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