Mar. 31 Trade result: +50 pips

March 31, 2014 at 3:21 pm

The USDCAD reached both profit targets and rebounded. The 3rd unit was closed at the break even price.

The total profit for this trade is +50 pips.

Mo., Mar. 31 Forex Signal

March 31, 2014 at 12:36 pm

Can you learn Forex for free?

March 30, 2014 at 4:07 pm
When people think of learning expenses, they tend to think of costs of books, courses and such. But there is also a not so obvious cost of learning Forex which far exceeds anything else and which is overlooked by most people. That is the money that everyone loses when starting to trade.

The money that every newbie loses in Forex is the greatest expense of the learning process.

This expense far exceeds anything else you might pay to learn Forex. And yet nobody seems to care about it. People try to save money on education and as the result they waste incomparably more by making common mistakes in trading.

Take the time to educate yourself before you commit any money to trading.

I am not saying that one must necessarily pay for his/her education. There is plenty of free information on the Internet. The problem with that information though that it’s not systematized and in many cases irrelevant.
Always beware of whose advice you take. Does that person really knows what he/she is talking about? Are there any proofs that that person is profitable in trading Forex? 

Do not trust anyone’s advice until you see their real life trading achievements.

Just wanted to share this very true illustration of what success really looks like as seen on  http://www.atbreak.com

Mar. 28 End of week results: +80 pips (total: +2,893 pips)

March 28, 2014 at 5:36 pm
This was a slow but still profitable week the total profit for this week is +80 pips. The up to date trading results for this blog are as follow: 
Week 1:   +231 pips
Week 2:    –  19 pips
Week 3:   +415 pips
Week 4:   +366 pips
Week 5:   +137 pips
Week 6:   +150 pips
Week 7:   +  20 pips
Week 8:   +155 pips
Week 9:   +  23 pips
Week 10: – 149 pips
Week 11: +465 pips
Week 12: +126 pips
Week 13: +  50 pips
Week 14: +306 pips
Week 15: +201 pips
Week 16: +  11 pips
Week 17: +325 pips
Week 18: +  80 pips

Total: +2893 pips


This is how that looks in a chart:



Fr., Mar. 28 Trades results: -18 pips

March 28, 2014 at 5:33 pm
Today was another boring day. I closed the AUDUSD trade with a -24 pips loss and the GBPUSD trade with a +6 pips profit.
The total today is -18 pips.

Fri., Mar. 28 Forex Signals

March 28, 2014 at 1:01 pm
Plain Forex Signals today:

Wd., Mar. 27

March 27, 2014 at 5:10 pm
No trades were triggered today. Just another quite day in the market.

Mar. 26. Overnight results: +58 pips

March 27, 2014 at 1:25 pm
The EURUSD finally cooperated and reached both profit targets overnight. The 3rd unit hit its stop at 1.3776 just minutes ago.

The total profit from this trade is +58 pips.

Mar. 26 trading results: +20 pips

March 27, 2014 at 12:29 am
The GBPUSD reached the first profit target and although later on it reached the second profit target as well, I got stopped out before that. So the total profit from this trade is +20 pips.
The EURUSD trade did not go anywhere and it is still open.

Mar. 26 Forex Signals

March 26, 2014 at 2:38 pm
Today I made the following trades:
The market is quite today. Let’s see how these work out.