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Today's Signal

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Daily Forex Signal

Mon, Jun 15 2009, 22:51 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.
Hello all,

More profit taking on our open orders expected this week. We also have a few new trades coming as the pullback has begun. Too soon to know if it is too soon to enter or now, we can only follow what works - our trading plan.


4 Hour:

Current Drop In Criteria:
EUR/USD buy
EUR/JPY buy
USD/CAD sell
USD/CHF sell

Watching:

USD/JPY short ZLC
AUD/USD buy Drop In


EUR/USD chart


Coming off a month of strong profits as we were able to catch a good portion of all trending pairs it is important to remember not all trades are going to be winners. What is important to understand that our risk/reward on each trade ranges from at least 2:1 to 9:1 so we know that after taking several losses it will only take us a few profitable trades to recover from any draw down. Also we simply do not know what is going to happen at any time and these new entries may just continue to extend our gains on our current positions.




Archive

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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