1. This site uses cookies. By continuing to use this site, you are agreeing to our use of cookies. Learn More.

Trading Signals for GBP and JPY Pairs (June 24 – July 8, 2016)

Discussion in 'Forex Trading Room' started by Currency Expert, Jun 24, 2016.

  1. Currency Expert

    Feb 14, 2014
    Likes Received:
    GBP Pairs

    GBPAUD = Buy

    GBPUSD = Buy

    EURGBP = Sell

    GBPJPY = Buy

    GBPCHF = Buy

    GBPCAD = Buy

    GBPNZD = Buy

    JPY Pairs

    USDJPY = Buy

    AUDJPY = Buy

    CADJPY = Buy

    CHFJPY = Buy

    EURJPY = Buy

    GBPJPY = Buy

    NZDJPY = Buy

    NB: Every trade could be entered with a stop loss of 200 pips and a take profit of 400 pips. Only 0.5% is risked per trade. With an account balance of $20,000, a position size of 0.1 lots would be used. The breakeven stop is set after about 70-pip profit is made. A trailing stop of 100 pips is set after over 170 pips have been gained. You need to use your technical analysis to know when to enter, since you may want to trade a pair only after your entry criteria have been met.

    Disclaimer: Trading signals are provided for information purposes only and shouldn’t be construed as trading advice.

    Source: www.tallinex.com

Share This Page