Trade Signals

Trade Alert!

Dear Subscriber:

New directional (trend-following) trades have been opened. These are the 3 most important:

1. Instrument: EURUSD

Order: Sell

Entry date: May 1, 2012

Entry price: 106.77

Stop loss: 107.80

Take profit: 104.80

Status: Open

Profit/loss: -1 pips

2. Instrument: GBPJPY

Order: Sell

Entry date: April 23, 2012

Entry price: 130.85

Stop loss: 131.92

Take profit: 128.92

Status: Open

Profit/loss: -3 pips

3. Instrument: GBPUSD

Order: Sell

Entry date: April 23, 2012

Entry price: 1.6122

Stop loss: 1.6226

Take profit: 1.5926

Status: Open

Profit/loss: -3 pips

Please check the LiteForex demo account for other trades and their stops and targets.  Move your stop loss to breakeven after you’ve gained up to 70 pips or more on a trade. Lock about 100 pips of your profit thru a custom-set trailing stop after you’ve gained up to 170 pips or more. Never widen your stop, and take note of the position sizing as I told you when giving you the login details for the LiteForex account. A typical trade is usually opened on Mondays only and run for a maximum of 2 weeks.