Both the GBPUSD and EURUSD just hit their highs and will be going down a bit. Just a small trade I will make this a 10 pip take profit:
EURUSD:
Sell at 1.2812
Take Profit: 1.2802
Stop Loss: 1.2865
10 pip gain, 53 pip loss (set so high because of its extremely high volatility)
GBPUSD:
Sell at 1.8940
Take Profit: 1.8930
Stop Loss: 1.9000
10 pip gain, 60 pip loss (set high as well because of volatility, set it to the high of the previous two tops)
As a measure of safety I will also decrease the USDJPY stop loss to 115.95. This is to make it a support 5 pips lower thn the past two lows as I know it will just bounce off of it, USDJPY should either gain 28 pips or lose 42
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Last edited by gazuz : 08-24-2006 at 05:02 PM.
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