Monday 2 April 2012

Where's the Trade? Results Longer Term CHFJPY 3.12 am London 3/4/12

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(TM)'s Complete Response Trading System(TM)'s specific entry and exit rules, which are only accessible by STT clients. 

Based on Where's the Trade?: Longer Term CHFJPY

The entry for Trade 1 developed in the Shatterzone as expected on the hourly. Entry is on the close of candle marked by the vertical line. It has visited the first target at 90.86. The remainder of the trade would be managed on the Shatterpoint Master System(TM) trade management principles, but from this point on it is a no-loss trade.

Net: Profit. 


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