Lets see how our SIGNAL performed today in the market, and lets also take some time out to calculate the PIPS GENERATED in the verge of profitable TRADES. If you did a link back you will discover that our SIGNAL was a BUY, within the ENTRY TIME OF 06:00 GMT and an EXIT TIME of 10:00 GMT. We were to hold our BUY POSITION during the duration and exit at EXIT TIME or rather during the CORRECTION OF STOP LOSS while the trade went on, you could as well exit the market if profit levels are satisfactory for you. But anything out thing my SIGNAL DURATION is not RECOMMENDED, once 10:00 is reached all POSITIONS MUST BE CLOSED.
Check out the signal on my blog link at http://piptrain.blogspot.com/2008/03/analysis-for-eurusd-yesterday-signal.html
See the charts below and notice the market movement at OPEN, DURING SIGNAL DURATION and ON EXIT.
The charts clearly shows that the MARKET OPENED AT 1.5560 on ENTRY AT 06:00 GMT, putting our market STOPS and TAKE PROFITS we will notice that our STOP LOSS WAS NOT TOUCHED and we got out on 1.5597 price level, depending on your broker SPREAD for this pair I guess that our PROFITS IN PIPS FOR THE DAY WOULD BE IN THE RANGE OF 35 PIPS. Not bad I will say for a Thursday.
One my boys had some problems with his BROKER, his request for withdrawal has been kept pending for over 3 WEEKS..... DAMN BROKERS........... They love us LOSSING, but now they are wrong. We've got a strategy that works.
EUR/USD SIGNAL FOR FRIDAY, MARCH 14, 2008
I have been cracking my head doing all the analysis even though I have not been feeling quite great these days, I've actually been getting in and out of the HOSPITAL for routine CHECKS. If this continues I could be forced to go on BREAK FOR SOME TIME. Hope it doesn't. BEING HEALTHY FEELS GREAT. IT GIVES YOU THIS FEELING OF CONFIDENCE, JUST THEY SAME FEELING YOU GET WHEN YOU WIN TRADES ALL WEEK.
ENTRY TIME: 6:00 GMT
EXIT TIME: 10:00 GMT
SELL EUR/USD @ MARKET PRICE @ 6:00 GMT
RESISTANCE LEVEL 1 @ 1.5624 SUPPORT LEVEL 1 @ 1.5545
SUPPORT LEVEL 2 @ 1.5494
SUPPORT LEVEL 3 @ 1.5454
SUPPORT LEVEL 4 @ 1.5414
SUPPORT LEVEL 5 @ 1.5283
Let's make sure that POSITIONS are HELD and STOP LOSS CORRECTED DURING TRADE TO SAFE GUARD PROFITS. PLEASE BE ADVICED TO ADHERE TO SOME OF MY WARNINGS HERE.
ALWAYS PUT YOUR STOP LOSS, OR ELSE YOU WATCH YOUR TRADE HAVING IN MIND YOUR STOP LOSS. THAT'S RISKY THOUGH.
STOP LOSS: 30 PIPS
TAKE PROFIT: 90 PIPS
Lets stay professional and make some GREENS.
GOODLUCK 
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