Sample euro trading and yen trading plans and result for yen and euro forex margin trading with system draw down and track record

Note that day one of The Yen Plan was on November 9, 1998 the sample plan below does not include targets

The Yen Plan

Start with the first step below and proceed through the following steps if the market price moves to the level indicated by each step. Use the hourly chart as your guide.

1. Sell one Japanese yen (buy dollar) contract now at 113.18

2. Sell one Japanese yen (buy dollar) contract at 112.95

3. Sell one Japanese yen (buy dollar) contract at 112.72

4. Stop loss at 112.58 closing all open positions.

5. Buy four Japanese yen (sell dollar) contracts at the stop loss level. Targets hit during the reversal hour to be ignored in that hour only. The new stop loss on the positions taken by this step would be at 4 points above the recorded high of the day at the time these positions are taken.

Targets List Removed

Yen Highs
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When this plan was prepared (1:00 Pacific Time) the yen was around 113.18 and the day's range 113.21 high - 113.11 low according to yen hourly chart. The targets in this list are used when applying (Rule #4) of The Plan.
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Yen Lows

112.58 (stop loss)

Targets below apply in case of reversal according to the last step of this plan

Result:
1. One Sell at 113.18 out at the close of the session (Rule 1) at noon Pacific Time. Out at 114.06 = 88 points profit x $9.61 per point = $845.68 profit.

Note that day one of The Euro Plan was on February 9, 2004
the sample plan below does not include targets

The Euro Plan

Start with the first step below and proceed through the following steps if the market price moves to the level indicated by each step. Use the hourly chart as your guide.

1. Sell one euro (buy dollar) contract now at 1.4378

2. Sell one euro (buy dollar) contract at 1.4425

3. Sell one euro (buy dollar) contract at 1.4457

4. Stop loss at 1.4467 closing all open positions.

5. Buy four euro (sell dollar) contracts at the stop loss level. Targets hit during the reversal hour to be ignored in that hour only. The new stop loss on the positions taken by this step would be at 4 points below the recorded low of the day at the time these positions are taken.

Targets List Removed

1.4467 (stop loss)

Targets above apply in case of reversal according to the last step of this plan

Euro Highs
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When this plan was prepared (1:00 Pacific Time) the euro was around 1.4378 and the day's range 1.4395 high - 1.4372 low according to euro hourly chart. The targets in this list are used when applying (Rule #4) of The Plan.
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Euro Lows

Result:
1. One Sell at 1.4378 out after the euro hit a low of 1.4358 right on target as posted on the targets list (Rule 4). Out at 1.4384 = 6 points loss = ($60.00) loss.

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Day trade the Japanese yen and the euro wisely (text only page) (mobile)

Please visit the Membership page for payment options.

Trading both currencies at the same time may enhance trading result.

Note that day one of The Yen Plan was on November 9, 1998 the sample plan below does not include targets

Note that day one of The Euro Plan was on February 9, 2004
the sample plan below does not include targets

Day trade the Japanese yen and the euro wisely (text only page) (mobile)

Please visit the Membership page for payment options.

Trading both currencies at the same time may enhance trading result.

Note that day one of The Yen Plan was on November 9, 1998 the sample plan below does not include targets

Note that day one of The Euro Plan was on February 9, 2004 the sample plan below does not include targets

Note that day one of The Euro Plan was on February 9, 2004
the sample plan below does not include targets