Monday, March 3, 2008

RESULT OF OUR MONDAY'S SIGNAL ON EUR/USD

We had a very GOOD TRADING DAY, lets see how the signal went for us all. First of all I'll love to apologize a little mistake on my BLOG SUBJECT IT READS: EUR/USD SIGNAL FOR MON. 2ND MARCH 2008 it was rather supposed to be EUR/USD SIGNAL FOR MON. 3RD MARCH 2008 this mistake I feel was eminent due to FACT that I POST these SIGNALS the previous day before the signals are entered the next day. LIKE SUNDAY WAS 2ND AND I POSTED THE SIGNALS ON SUNDAY THATS PROBABLY WHY I MADE THE MISTAKE AND STILL ENTERED THE SUNDAY'S DATE (2ND) INSTEAD OF 3RD.

check this out and the days signal as well on the blog link http://piptrain.blogspot.com/2008/03/eurusd-signal-for-mon-2nd-march-2008.html we had a SELL signal for MONDAY. Entry time was 6:00 GMT while EXIT TIME is 10:00. Let us see how the charts performed at this times.

 

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The market OPENED @ 1.5212 at our ENTRY TIME of 6:00 GMT, so if you did what I ASKED you to do, then it would mean that your STOP LOSS would be SET at 1.5244, and the TAKE PROFIT WOULD BE 90 PIPS LOW. AT THE UPPER RED ARROW, I SHOWED WHERE THE MARKET OPENED AT THE ENTRY TIME. THE LOWWER UPPER ARROW SHOWS OUR EXIT CANDLE STICK AT 10:00 GMT. Well the market EXITED AT 1.5172. So if my calculations are right it means that the our expected EXIT PROFIT FOR MONDAY WOULD BE 38 PIPS ON EXIT.

SO LETS BE ALL HAPPY         

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