Forex Signal #4 – Monarch system UPDATE (+190 pips Max)
November 20th, 2009
2 comments
As well as achieving its set and forget target of +50 pips, the GBP.JPY extended Monarch trade gave a maximum of +190 pips for active traders (or even +79 using a 50 pips trailing stop on a half balance). Maximum reached was 147.32 slightly surpassing my ‘other potential target’ area 147.70/148.00
None of these pips are added to the monthly running total display
Reminder of the order I gave on Monday
Short 149.22
Stop 149.72
Target 148.72
Other potential target 147.70 – 148.00
Please cancel the long order given at the same time, we will re-issue new orders either today or Monday.
