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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

    Joined:
    Feb 14, 2014
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    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
     
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