Monday, September 29, 2008

100-pip Trading Setups that Everyone Loves to Score With

Below are two MT4 forex charts that show our entries in today's EUR/USD and GBP/USD markets using the provided 100-pip EA program.
Earlier, we saw the Euro and Pound plunging heavily in the European Session. We were able to take advantage of the several strong technical setups which were present during the US trading session. As a result, we bought both the Euro and Pound and scored well with those two setups (see results below).

Long EUR/USD @ 1.4372 (Final results +137 pips)

Long GBP/USD @ 1.8044 (Final results +78 pips)
I also received comments from other 100-pip system users about today's market action. DTS subscriber, Alan has recently decided to add and run both the 100-pip and Newstrader EA programs as part of his new day trading routine. Let's hear from his perspective.

Alan & Tracey: "Used the 100-pip EA today for the first time and we are still smiling. What a great system. We did start off with a scare though - we stuffed up our lot size and then panicked when it initially went against us. Of course the inevitable, the second we closed out it turned in our favour. Never mind, even with our mess up we still finished with a fantastic result - plus we've learnt the hard way how to enter the lot size (we thought the figured entered would be divided between the 2 trades)."

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