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Just A Reminder...

Dear All,

I personally urges you to scrutinize any "super "trading system by providing fast rich method or all-in-one signal to realize your dream, before paying fee to them. As we all undertand, the way to fortune is a painstaking process, much due to your hard efforts and practice, do you think people now can produce any super machine better than human brain? Please do not fall victime of "impulsive buying", cool down yourself for some days first before giving your most precious asset: "Money".

Monday, July 21, 2008

Long of EURUSD & USDJPY

I am looking for a long trades for both pairs. But I need some confirmation with the USDJPY before I can enter any trade. However, today I placed a Buy Stop order for the EURUSD with entry at 1.5869, target placed over 60 pips from entry and a tight stop of 25 pips. The stop is slightly shy from my 3% risk exposure.

The EURUSD making a dip of 1.5831 today and now retracing upwards heading into my aimed entry price. No major news ahead until Tuesday so I expect my target may be hit today or tomorrow. Happy trading guys ;)

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