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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

Monday, 30 June 2008

USD JPY - June 30 2008


USD JPY
Benchmark level: 106.41

If the price move above the benchmark then take Long position of USD JPY.
Risk Controling : 106.10
Take profit 1 : 107.02
Take Profit 2 : 107.65

If the price move above 106.10 than we should consider take short position.
use benchmark as risk controling for short position.
Take profit 1 : 105.65
Take Profit 2 : 105.18

Good Luck !
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Disclaimer: Forex trading involves substantial risk of loss, and may not be suitable for everyone. This is neither a solicitation nor an recommendation to buy/sell Forex commodity interests