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Today's Signal

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9

3

Daily Forex Signal

Fri, May 29 2009, 17:15 GMT
by Jordan Lindsey

JCL Capital


Forex Trading System, Signals and Trading

Forex Course teaches how to trade Forex by learning how to see when the charts are generating buy or sell signals from the Forex trading system.
The strategy traded for these signals are based solely on technical analysis (the charts always price everything in) and is mid to long term with trades lasting anywhere from a few days to portions of the trades lasting several months and thousands of pips.

Trades are entered only in the direction of the greater trend in place (defined by the True Trend indicator). Money management plays a large role in this trading method (position size & risk/reward) in order to make high returns with little risk possible. The minimum risk/reward implored on a trade is 2:1 and as much as 6:1 on all Zero Line Cross (zlc) trades.

Today's Signal

USD/JPY


Drop In Example


The amount of trades vary form week to week. We are trading 8 currency pairs and usually when setup begin to trigger they trigger in groups. This week with all pairs being extremely overbought/sold for the last 10 days we only had 3 trades.

10 days ago we were busy with trades (which have taken profit and pieces of those trades ares still open and running with stops at break even (entry points) or locking in further profit). These trades have produced (with open trades) a 7.5% return in those 10 days - which is excellent. Yearly we are looking for mid double digit gains with very very low draw down.

Anyway, that's a bit of what's going on. Have a good weekend everyone.


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JCL Capital Inc.  | 26-62 30th St. Astoria, NY 11102
http://www.jclcapital.com | jordan@jclcapital.com

Legal disclaimer and risk disclosure

Forex trading has large potential rewards, but also large potential RISKS. You should be aware of the risks and be willing to accept them in order to invest in the currency market. Don't trade with money you can not afford to lose. Past performance is not indicative of any future results. Please read this carefully before you access this site or use any information contained herein. Jordan Lindsey and JCL'S FX Trade Signals. may, at any time, modify those terms&conditions and therefore, it's your sole responsibility to check any changes of same, each time you access this site. Disclaimer: Please note that no representations and/or guarantees are made by Jordan Lindsey and JCL'S FX Trade Signals with regard to the accuracy of the signals provided above. Jordan Lindsey and JCL'S FX Trade Signals accepts no responsibility or liability whatsoever for any loss or damages arising out of or in a way connected with the use of any part of this report. The estimates the best judgment at the date and time of the issuing and are subject to change without notice. This report is for information purposes only and is not intended to be and should not be construed as an offer to acquire.


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