Signal in detail
Below you can find example of a long term and short term Signals:
SHORT TERM sample
We are long EURUSD at 1.3029 SL 1.2990 TP 1.3240
22:23GMT
Abbreviation explanation
SL – stop loss
TP – take profit
GMT- Greenwich Mean Time (time zone)
We are long / We bought – means I am betting that given cross will rise
We are short / We sold – means I am betting that given cross will fall
LONG TERM sample
Entry point: 1.26 area (preferably 1.2620, but watch the price developments; heavy dependent on the economic releases and earnings reports)
TP 1.8 (1Q-2Q 2010)
SL 1.2
margin 5%
profit/loss ratio: 10:1
Should you be interested in detailed reasons behind the trade, do not hesitate to contact us.