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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 28, 2008

Trade Setup: July 29, 2008

Here are my trading setups for both EURUSD and USDJPY for today, Tuesday 29th July 2008 using SRDC (Basic) method:


Place buy stop at 1.57681 with stop 20 pips away from entry and target at 1.57781 (10 pips). I also place sell stop at 1.56836 with stop 20 pips away from entry and target 1.56736.

Here is the trade setup for USDJPY:

Place buy stop at yesterday's high of 108.065 with stop 20 pips from entry and target at 108.165 (10 pips). I also place sell stop at yesterday's low of 107.335 with stop 20 pips from entry and target 107.335 (10 pips).

I personally feel that the USDJPY will hit the target first today if the Japan number is better than expected earlier today.

Until then, happy trading guys ;)
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