Posts Tagged ‘ simple forex system ’

Good morning Friends,

Announcements
GBPUSD there is the Services PMI at 09:30 GMT, ADP Non-Farm Employment Change (US) at 13:15 GMT, and ISM Non-Manufacturing PMI at 15:00 GMT
EURUSD there are no major announcements for this pair today.

I am starting a new month off with a complete blank slate. See how you do with my figures.
Total for the day 00. Total for August 2011 = 00. Yearly Total so far = 00.

Here’s to your trading successes.

These are my trading signals for the day.
GBPUSD
Long @ 16310
Stop @ 16270 (40 pips)
Take Profit @ 16350-16360 (40+ pips)

Short @ 16235
Stop @ 16270 (35 pips)
Take Profit @ 16190-16180 (45+ pips)

EURUSD

Long @ 14235
Stop @ 14000 (35 pips)
Take Profit @ 14280-14290 (45+ pips)

Short @ 14150
Stop @ 14190 (40 pips)
Take Profit @ 14110-14100 (40+ pips)

Remember at times of high volatility it is best to be cautious, my philosophy is “if you are unsure, then do not trade”
To Your Trading SUCCESS

SS