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always think positive! is my personal journal in trading forex.

In this blog I will post a lot of my entry, a lot of free forex signal, and some of my methods in entering a trade.

The trade will mostly derives from technical analysis and a calculation of forex market price movement.

To be noted that I'm not suggested nor recommended you to follow my trade but it will always be free for you to read and use it to support your own trade.

Since it is my personal journal I disclaim to not taking any responsibility regarding the result of the signal. Use it at your very own risk.

TO OUR TRADING SUCCESS!

Instaforex

Friday, 27 June 2008

USD JPY - June 27 2008

Market Overview on USD JPY Today.

USD JPY is at 107.07 right now.
USD JPY Pivot level is at 107.19
If in the European session the price is going to go above this level than I will look for an opportunity to go LONG USD JPY.
Set the Daily Standart Deviation +2 at 108.71 as maximum target, and controlling my risk by placing SL at 106.79 - spread.

If in the European session the price is stay below 107.19, then I would cancel my position and waiting for another opportunity to open a position.

Hope it Helps'
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