I had an entry for a short position on the GBPJPY with 100 pip stop and limit. Both 15min and 1 hour charts were indicating a sell so I went short at 189.27... It took a couple of hours and hey presto, the market fell through and I bagged my 100 pips!
The Daily FX website have a new Forex alerting service.. it's currently on a free trial. I can't personally recommend it as I've not tested it myself (I only heard about it today) but feel free to have a look.. in fact, let me know how you are finding it. Go to http://www.fxcm.com/trading-signals.jsp and sign up. They trade 3 strategies; breakout, range and momentum against all the currency pairs. Looking down the Trade Details box, the P/L is currently showing: +108, -113, +701, +93,
I made a series of trades with the new Forex system that I am trading... The red and blue arrows on the charts are the automatic alerts which signal a long or short entry. I don't enter all of them due to my timing (it really depends what is forming and if I am about to actually take the trades). Anyway, first off is NZD/USD: Then, USD/JPY And then GBP/JPY And finally, GBP/USD So, in total I did quite well with +114 profit.
