ForexKarma
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Wednesday, October 5, 2011
It has been a few months since we have posted our signal in this forum. Due to the unprecedented volatility in the financial markets our first responsibility was to apply our full attention and efforts to our client/subscribers. Additionally, as the markets had to be more closely monitored during this period, we did feel comfortable just posting signals and then leaving you on your own.
As the markets appear to have returned to a more "normal" phase, we are publishing our signals again.
Please feel free to let us know if you would like to receive ALL our signals and trade copier service. All for FREE of course.
ENTRY TRADE SIGNALS
Signal 1:
Currency Pair: EUR/JPY
Entry Order: BUY @ 102.74 stop
Stop-Loss (S/L): 102.26
Take Profit (T/P): 103.47
Trailing stop: 415 points
Signal 2:
Currency Pair: GBP/JPY
Entry Order: BUY @ 118.90 stop
Stop-Loss (S/L): 118.56
Take Profit (T/P): 120.89
Trailing stop: 415 points
Pending orders should be cancelled if not triggered by the close of the trading session.
Open trades will be assigned updated S/L and T/P levels in the following trading session.
If you're interested, we execute these trades through an Institutional quality ECN broker. I am sure some retail feeds and other ECN's will show different prints. Any discrepancies in fills, stops, limits, are unavoidable and unintentional.
Disclaimer:
If you do NOT have iron discipline or an edge (that you can quantify), the Forex market will either:
eat you alive, drive you to drink, lead you to beat your wife, or give you ulcers. Only trade with risk capital as there is a risk of loss. Money management is very IMPORTANT!
It has been a few months since we have posted our signal in this forum. Due to the unprecedented volatility in the financial markets our first responsibility was to apply our full attention and efforts to our client/subscribers. Additionally, as the markets had to be more closely monitored during this period, we did feel comfortable just posting signals and then leaving you on your own.
As the markets appear to have returned to a more "normal" phase, we are publishing our signals again.
Please feel free to let us know if you would like to receive ALL our signals and trade copier service. All for FREE of course.
ENTRY TRADE SIGNALS
Signal 1:
Currency Pair: EUR/JPY
Entry Order: BUY @ 102.74 stop
Stop-Loss (S/L): 102.26
Take Profit (T/P): 103.47
Trailing stop: 415 points
Signal 2:
Currency Pair: GBP/JPY
Entry Order: BUY @ 118.90 stop
Stop-Loss (S/L): 118.56
Take Profit (T/P): 120.89
Trailing stop: 415 points
Pending orders should be cancelled if not triggered by the close of the trading session.
Open trades will be assigned updated S/L and T/P levels in the following trading session.
If you're interested, we execute these trades through an Institutional quality ECN broker. I am sure some retail feeds and other ECN's will show different prints. Any discrepancies in fills, stops, limits, are unavoidable and unintentional.
Disclaimer:
If you do NOT have iron discipline or an edge (that you can quantify), the Forex market will either:
eat you alive, drive you to drink, lead you to beat your wife, or give you ulcers. Only trade with risk capital as there is a risk of loss. Money management is very IMPORTANT!
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