An Ultimate setup was spotted on EURJPY with a short selling signal at 134.83. The position covering signal only came in after 20hrs at 132.54.
An awesome profit of 229pips (around USD2,290 for 1 standard lot) was generated with a rewards risk ratio of 9.95 : 1.
Forex Trading
31/08/09
EURJPY. Ultimate Setup. An awesome profit of 229 pips within a trade with a rewards risk ratio of 9.95 : 1.
"Forex trading can involve the risk of loss beyond your initial deposit. It is not suitable for all investors and you should make sure you understand the risks involved, seeking independent advice if necessary."
31/08/09