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Monday, March 30, 2009

Mar 29/09 Long USDJPY

Recommended FOREX Trade:
Buy USDJPY with CTGFutures Nested Trading Systems.
USDJPY - CTGFutures Nested Trading Systems

In the upper chart (150 Tick) note the system is in Buy or Long mode. We then trade Buy/Long signals only on the 10 Tick chart below. Two trades were set in motion. Net result was a 5 PIP loss as the market sharply reversed once again demonstrating the ability of this strategy to close out a losing trade quickly and with minimum losses. This position was forecast in CTGFutures Weekly Trade Plan for March 30, 2009. You can download the PDF File for free.

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