View Single Post
  #7 (permalink)  
Old 07-10-06, 09:47 AM
rufffen's Avatar rufffen rufffen is offline
Zone trading
 
Join Date: Jun 2005
Posts: 1,056
Thanks: 0
Thanked 0 Times in 0 Posts
Rep Power: 15
rufffen is on a distinguished road
Re: EUR/JPY CYCLES UPDATE Part1

OK, hope everyone is riding with profits, USD/JPY prooved to be an outsider, it will catch up a little later, everything else is going nicely so far, move stops to B/E if you got open positions or take profits, will be new setups to reenter soon.

Ill update a scorecard of all active trades at the top of the thread.
EUR/USD you can wait for 2620-2640 and take a long on a retrace at that levels, probability is VERY HIGH, 70%-80%. You can trail open positions on EUR/USD GBP/USD GBP/JPY EUR/JPY and USD/CHF. Use 40-60 pips trailer.