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Trade Recommendation – 26th June 2013 – (21:50 UK Time)

Hello Traders,

Only one of our recommended trades from yesterday got triggered (Long GBP-USD) giving us our first target and then stopping us out on remaining position at break-even. The net result was +0.5%

The only other trade that came close to being triggered was a long on EUR-USD which came within 4 pips of our recommended price and then retraced for consolidation. It looks like it has some more room to fall, so I have modified my recommendation for long on Euro a little from yesterday.

Results of recommendations made on 25th   June 2013

Market Direction Entry S/L Move to B/E @ Target 1 Target 2 Reward to Risk ratio Result
GBP-USD Long 1.5362 1.5337(25 pips) 1.5387(25 pips) 1.5387(25 pips) 1.5422(70 pips) 1.9 Target 1 met;   remaining stopped at b/e
GBP-USD Short 1.5510 1.5535(25 pips) 1.5480(30 pips) 1.5480(30 pips) 1.5420(90 pips) 2.5 No trade
USD-JPY Short 99.62 100.62(100 pips) 99.32(30 pips) 98.12(150 pips) 95.32(430 pips) 2.9 No trade
EUR-USD Long 1.2980 1.2940(40 pips) 1.3020(30 pips) 1.3070(90 pips) 1.3125(145 pips) 6.1 No trade
EUR-USD Short 1.3231 1.3256(25 pips) 1.3206(25 pips) 1.3181(50 pips) 1.3081(150 pips) 4 No trade

 

Today’s Recommendations for the forthcoming sessions on 27th June 2013:

Market Direction Entry S/L Move to B/E @ Target 1 Target 2 Reward to Risk ratio
GBP-USD Long 1.5260 1.5230(30 pips) 1.5290(30 pips) 1.5290(30 pips) 1.5360(100 pips) 2.16
GBP-USD Short 1.5510 1.5535(25 pips) 1.5480(30 pips) 1.5480(30 pips) 1.5420(90 pips) 2.5
USD-JPY Short 99.62 100.62(100 pips) 99.32(30 pips) 98.12(150 pips) 95.32(430 pips) 2.9
EUR-USD Long 1.2940 1.2915(25 pips) 1.2970(30 pips) 1.2990(50 pips) 1.3090(150 pips) 4
EUR-USD Short 1.3231 1.3256(25 pips) 1.3206(25 pips) 1.3181(50 pips) 1.3081(150 pips) 4

 

If you trade using any of these recommendations, you do so at your own risk. Please manage your risk according to what you can afford. Be aware of various event risks once in a trade.

Happy Trading!

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