I am not sure how this is going to work.
I am going to test these trade based on Monthly charts (EUR/USD, GBP/JPY, GBP/CHF, USD/CHF, AUD/USD & EUR/JPY).
I am specially interested on pairs with potential profits over 100 pips.
These trades are going to expire on 31 August 2012 21:00 GMT.
Hope to earn more pips.
I will try the same strategy on weekly chart too..
And update the same later.
I am going to test these trade based on Monthly charts (EUR/USD, GBP/JPY, GBP/CHF, USD/CHF, AUD/USD & EUR/JPY).
I am specially interested on pairs with potential profits over 100 pips.
These trades are going to expire on 31 August 2012 21:00 GMT.
Hope to earn more pips.
I will try the same strategy on weekly chart too..
And update the same later.
August - 2012
| |||||||
Currency
|
Long
|
TP
|
SL
|
Short
|
TP
|
SL
|
Profit (Pips)
|
EUR/USD
|
1.2454
|
1.2612
|
1.2354
|
1.2138
|
1.1981
|
1.2238
|
158
|
GBP/JPY
|
121.97
|
123.13
|
120.97
|
119.64
|
118.47
|
120.64
|
116
|
GBP/USD
|
1.5770
|
1.5864
|
1.5670
|
1.5582
|
1.5489
|
1.5682
|
94
|
EUR/GBP
|
0.7905
|
0.7968
|
0.7805
|
0.7781
|
0.7719
|
0.7881
|
62
|
GBP/CHF
|
1.5491
|
1.5641
|
1.5391
|
1.5193
|
1.5044
|
1.5293
|
149
|
USD/JPY
|
78.64
|
79.18
|
77.64
|
77.56
|
77.03
|
78.56
|
54
|
USD/CHF
|
0.9891
|
1.0013
|
0.9791
|
0.9646
|
0.9523
|
0.9746
|
123
|
AUD/USD
|
1.0600
|
1.0710
|
1.0500
|
1.0382
|
1.0273
|
1.0482
|
109
|
EUR/JPY
|
97.84
|
99.62
|
96.84
|
94.27
|
92.48
|
95.27
|
178
|
NZD/USD
|
0.8164
|
0.8244
|
0.8064
|
0.8004
|
0.7925
|
0.8104
|
80
|
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