June 16, 2009

Source: forextradinglife.com

Hello all,

All of the Drop In trades yesterday on the 4 hour (EUR/USD, EUR/JPY, USD/CAD, USD/CHF, GBP/JPY* & AUD/USD) have their stops losses moved to break even (entry) as they have moved 1/2 ATR in profit giving us free no risk trades now.

*I missed the gbp/jpy trade so it will not be in my open positions below.

EUR/JPY & USD/CAD both stopped out at break even (entry price) and we are looking for re-entry. Check the update as the day progresses to keep up with the day's activity.

I am happy to have gotten all of those trades to b/e, yesterday I thought they would all be stopping out - http://forextradinglife.com/jcls-forex/june-15-2009

4 Hour:

Drop In re-entry: EUR/JPY buy USD/CAD sell

8 Hour:

Drop In re-entry: EUR/JPY buy

Watching:

USD/JPY buy Drop In

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