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Sunday, July 6, 2008

USDJPY 07/07/08

As far as I concern, wave 4 or C is complete in TF 1 hour. So, it is time to move on wave 5. By the way to make a wave 5 circulation complete in TF 1 Hour, there is a trade setup found and still valid to trade until it hit the TP or SL. Here is the TS,

Limit Buy : 106.73
Take Profit : 106.87
Stop Loss : 106.59
2-3 Profit : 107.01-107.15
Reward/Ratio: 3.6:1 to 107.2281-107.3691

ATTENTION!!! FOREX is high liquidity, Please trade at you own risk. I'm not responsible of any losses.

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