Notification emails are sent at the following Central Europe Times (CET): 09:00 12:00 15:00 20:00 If, at any time during the day, a position of the subscribed strategy changes, the subscriber will be immediately notified by email. An email can be sent also before 9:00, if there have been no change in the open positions, then this warning is to be considered simply a summary. Each email notification is time stamped in the upper right corner: For all strategies, the market position is signed as well as the entry level and the entry date. If a strategy is flat, the level at which the last position has been closed, is written with time stamp. Below you can find some examples for explanation purposes: This means the strategy of EURUSD is currently Flat and the last Position has been closed at 1.2356 on 3rd August 2012 at 17:12 Unger Trading S.r.l. Via della Stazione, 82 63085 Maltignano (AP) – Italy Tel./Fax. +39 0736 307114 www.oneyeartarget.com [email protected] C.F., P. Iva e N. di iscrizione alla CCIAA di Ascoli Piceno 02126430442 N. REA AP -196155 Capitale sociale 10.000 Euro Versato 2.500 Euro This means the strategy of GBPUSD is currently Flat and the last Position has been closed at 1.5729 on 27th July at 14:15 (GBPUSD always closes positions on Friday at 14:15) This means the strategy of USDJPY is Long from 78.04, entry was triggered on 31st July 2012 at 17:21 and the open position is currently gaining 27 Pips, the color is green as the position is Long This means the strategy of EURUSD is currently Short from 1.2236, entry was triggered on 2nd August 2012 at 14:50 and the open position is currently gaining 38 Pips, the color is red as the Position is Short Under the notified transactions there is a foot note for possible new trades and when new signals will be sent, occasionally also the direction of these potential trades is indicated: Unger Trading S.r.l. Via della Stazione, 82 63085 Maltignano (AP) – Italy Tel./Fax. +39 0736 307114 www.oneyeartarget.com [email protected] C.F., P. Iva e N. di iscrizione alla CCIAA di Ascoli Piceno 02126430442 N. REA AP -196155 Capitale sociale 10.000 Euro Versato 2.500 Euro The pink asterisk will show you if there are changes in comparison to the previous notification email, this can be true either for positions or for orders: This means the position on EURJPY has just been closed (in this case it was for a StopLoss although this information is not contained in the email), and exit price is indicated together with the exact date and time. The above email notification is an example of a new order, where a new Profit Target is sent to the market, and the pink asterisk indicates the ProfitTargetLX (namely the Long Exit in Profit from the long position), price of 1.2560 is different from the valid price till that moment while StopLoss level does not change, remaining at 1.2271 (no pink asterisk then). “Limit” orders are orders to be executed at a price equal or better than the one reported. “Stop” orders are orders to be executed at a price equal or worse than the one reported. So in the above example the Limit Long exit will happen at 1.2560 or at higher prices while the Stop Exit will be at 1.2271 or lower. “Name” indicates the type of order: Profit Target in our first line and Stop Loss in the second, “LX” means “Long Exit”. Unger Trading S.r.l. Via della Stazione, 82 63085 Maltignano (AP) – Italy Tel./Fax. +39 0736 307114 www.oneyeartarget.com [email protected] C.F., P. Iva e N. di iscrizione alla CCIAA di Ascoli Piceno 02126430442 N. REA AP -196155 Capitale sociale 10.000 Euro Versato 2.500 Euro In this example the Profit Target order does not change compared to the previous email notification example, but the exit position in loss does change. In fact there is LX order at 1.5567 which is closing the open position plus a SE (Short Entry) order at the same level to open a new short position. This level acts as a “Stop & Reverse” - basically if you are long 100.000 then you have to sell in total 200.000 at 1.5567 In this strategy example, entries are placed with Limit orders, such that we must wait for levels to be reached before the positions are either placed or reversed. Usually reversed (on USDJPY this happens in gain) while for the other pairs in loss, although this rule is not always true. Unger Trading S.r.l. Via della Stazione, 82 63085 Maltignano (AP) – Italy Tel./Fax. +39 0736 307114 www.oneyeartarget.com [email protected] C.F., P. Iva e N. di iscrizione alla CCIAA di Ascoli Piceno 02126430442 N. REA AP -196155 Capitale sociale 10.000 Euro Versato 2.500 Euro