GB trades..not so good...stops...my best Pal
onwards and reaching a top
EUR/JPY...Projected daily 112.04 est. weekly turn 112.18/ 112.40
So, looking for signs of reversal @
112.00 with 40 p stop..., exit 110.75 (1st)
(Estimated top today was under 10p
US/CHF still hovering at TOP...not much happening/stops in
THESE ARE NOT TRADE SIGNALS Calculating probable "Turning Points" Not necessarily the Daily swing (although this is common). Generally "levels" are hit during the U.K. Trading sessions * I use a 15 to 18 pip buffer (+ spread) Most "turns" are good for 25+ pips BUT, not uncommon for 50+ pip runs I try to add possible target amounts based on averages. NO GUARANTEES...IT IS FOREX!!
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