Important Notice
When trading it is important to know your risks. If you have only been trading for a short time it is highly recommended that you start with a demo account first. Forex trading is highly risky and normally it takes 3 - 5 years to become a successful forex trader. Only risk that which you can easily afford to lose. Forex trading is not a get rich quick scheme, but if managed carefully, it is an excellent investment.
4xGenie's Breakout
VIDEO: HOW WE TRADE BREAKOUTS
PAPER TRADE !!!
ONLY PERFECT PRACTICE MAKES PERFECT !!!
DAILY CHARS
DO NOT TRADE TO OLD
NEXT FRIDAY WE WILL PRODUCE NEW TRADES
EUR/USD
Produced: Friday, October 12, 2007
12-Oct-2007 o:1.4199 h:1.4214 L:1.4155 c:1.4172 [-.0028]
Place a buy stop to buy 1 unit if price rises to 1.4283 or higher.
Close all long positions on close if close is 1.4075 or lower.
Place a sell stop to sell 1 unit if price falls to 1.4014 or lower.
Place a sell stop to sell 1 unit if price falls to 1.3962 or lower.
Close all short positions if price rises to 1.4215 or higher.
GBP/USD
Produced: Friday, October 12, 2007
12-Oct-2007 o:2.0339 h:2.0377 L:2.0247 c:2.0365 [+.0029]
Place a buy stop to buy 1 unit if price rises to 2.0477 or higher.
Close all long positions on close if price falls to 2.0351 or lower.
Place a sell stop to sell 1 unit if price falls to 2.0196 or lower.
Close all short positions on close if price rises to 2.0294 or higher.
USD/CHF
Produced: Friday, October 12, 2007
12-Oct-2007 o:1.1813 h:1.1879 L:1.1805 c:1.1845 [+.0035]
Place a buy stop to buy 1 unit if price rises to 1.1895 or higher.
Close all long positions on close if close is 1.1778 or lower.
Place a sell stop to sell 1 unit if price falls to 1.1621 or lower.
Close all short positions on close if price rises to 1.1805 or higher.
USD/JPY
Produced: Friday, October 12, 2007
12-Oct-2007 o:117.3 h:117.7 L:117.15 c:117.59 [+.24]
Place a buy stop to buy 1 unit if price rises to 117.8 or higher.
Close all long positions on close if close is 115.86 or lower.
Place a sell stop to sell 1 unit if price falls to 114.03 or lower.
Close all short positions on close if price rises to 117.15 or higher.