Double Trend Trap Trades: February 17, 2014

Today’s trading room setups: USDJPY, GBPJPY, GBPAUD. The Winner’s Edge Trading Room consists of live trading every Tuesday, Wednesday, and Thursday from 8am through 10am EST (13:00 – 15:00 GMT). This is not just an analysis room; this is a TRADING Room. Here’s the recap from Today’s Room:

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  • WET trading room

    Trading room member made +105 pips on GBPJPY trade setup.

  • Chris

    Forex trading room: GBPJPY long closes for +90 & +120 pips versus 40 pip risk, which is based on 61.8% Fib entry and -27.2 and -61.8% targets. The entry at 78.6% would have been event a better reward to risk ratio. Let us know if you took the trade too.