Superb JPY trade

[Tony Beckwith]

Hi everyone

Just a reminder that the longer timeframes tend to work beautifully on cash forex...

Here's a JPY 60min. trade started on Dec 13th and moving all the way to the maximum profit targets...

A low risk/high return trade with an excellent outcome...

Avoid the shortest timeframes and stay longer!

{Chart using the eSignal add-on [EFS files]}

Thanks

Tony.

[timo4sho]

Dear Tony,

how did you manage that fabolous trade? Could you give any insights?

[Steve Griffiths]

Hi Timo,

The eSignal efs's just automatically found it for you :) :)

A Profit of approxaimtly of 15 times the initail risk ! :)

Steve

[dctommy]

I made 43 pips net yesterday on the AUDUSD and USDJPY pairs.

Used 1 hour settings in esignal. MTP found 2 trades using the alert
feature. I simply got up from watching TV and put on the trades with my
broker, setting the entry, stop and limits targets all at once.

Stopped out early of 13 pip loss on AUDUSD but USDJPY stayed on
and reached the wave targets for a 56 pip gain.

Nice!..............:p


Tom Powell

[timo4sho]

Sorry, but you have not answered my question.

How did you manage the trade (i.e. stop levels)???