Tuesday 21 February 2012

Where's the Trade? Results EURJPY 4.42 pm London 21/2/12

Risk Warning: Trading Forex is inherently risky. This is not a trade alert service and should not be taken as advice to enter or exit a trade. It is simply a narrative of what Straight Talk Traders are watching for, which may or may not happen. What is posted here may or may not develop into legitimate setups on Straight Talk Trading's Complete Response Trading System's specific entry and exit rules, which are only accessible by STT clients. 

Based on Where's the Trade?: EURJPY 

This trade did not trigger the primary STT Shatterbounce on the 15M, but it did (barely) trigger the secondary Shatterbounce on the 1H chart. The attached chart shows the entry and the initial target, already hit, which would have yielded an initial profit of 29 pips. However, the trade was not taken because the trader mentor was away from the trading terminal, and thus to maintain integrity this trade will not be counted. The snapshot is shown for illustrative purposes and for completeness relative to the initial trade call.

Net: Profitable, but not traded.


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