Forum >> All JPY shorts are in profit! (archive)

Hello Edi,

Welcome on board! Yes, it is correct, sometimes our system generates several signals within a narrow time window in the same direction for the same currency pair(s). It usually happens when the price retraces to the previous top/bottom level, maybe even beyond that. This is why we recommend never to enter into a trade with full position size! For more info please read the Special instructions part of the Users' Guide. 

Certainly, there are some cases when the signal is a no-brainer. The best indicator for that is the Signal Strength Rating. If it is between 95-100, it means the risk-reward ratio is absolutely in favor of an impending top or bottom (depending on direcion). Below 95, however, a gradual position building is suggested.

Sorry for the delayed answer, due to some construction damages we currently have no internet connection, so I write this in a cyber cafe.

If you have any further questions, don't hesitate to ask.

Silvertrader

Hello

I started today with you and was checking your past trades.

I've seen two short trades on AUDJPY within 4 Days.

In between was no close of the first trade.

Is it correct that your System opens sometimes multiple orders in the same direction?

Or have I overseen a close of the first trade?

Thank you for your help.

Edi

Oct.23. was a very significant inflexion point in JPY crosses. Based on our proprietary trend turn signals we opened short positions, which moved several hundred pips in just 4 trading days! Trading platform screenshots are displayed under Charts. These signals are still active and positions are open. Original signals can be viewed in the Members Area.