Fr., Mar. 14 trade results: +57 pips

March 14, 2014 at 4:25 pm
Today just one signal was triggered:

Both profit targets were reached and the 3rd unit was closed at 1.3914 for a total profit of +57 pips

Th., Mar. 13

March 14, 2014 at 4:19 pm
The two trades that I placed at night went sour:

Later on I moved the stop for GBPUSD to 1.6631, so the total loss for these 2 trades was -258 pips

Wd., Mar. 12 trade results: +20 pips

March 12, 2014 at 6:26 pm
There was just one trade today, which is still open:

The remaining 2 units of EURJPY were closed last night for a profit of +20 pips.

Tu., Mar. 11 end of day result: +24 pis and counting

March 11, 2014 at 11:53 pm
I issued 3 signals this morning but had to cancel them later on due to the lack of action. But one signal has been triggered (see below):

So far, the first profit target is reached and the stops for the remaining 2 units have been moved to a small profit.

Tu., Mar. 11 overnight trade result: +23 pips

March 11, 2014 at 3:25 pm
The EURUSD sell order that I published last night reached the first profit target. I moved stop loss orders for the remaining 2 units to the break even price and these stops got filled today. The total profit for this trade is +23 pips in the bank.

Today is another slow day in the market but don’t be fooled by the calm. The longer is the calm the greater is the storm. The boy-scouts’ motto: “Be Prepared!” is just as valid in trading markets as in anything else you do. Well, that is if you really care about the result.

Mo., Mar. 10

March 11, 2014 at 2:27 am
It was a slow day today. I placed a sell order this morning for EURUSD but the pair did not go anywhere today. I believe that this sell order is still valid:

Mar. 7, End of week results: +201 pips (total: +2477 pips)

March 8, 2014 at 5:25 pm
This week’s profit is +201 pips and the total up to date trading results for this blog are as follows: 

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

Total: +2477 pips


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Fr., Mar. 7 end of day results: +96 pips

March 8, 2014 at 5:16 pm
Today was another confirmation that technical analysis does work. The USD went up on the news and created some profits for  those who were prepared to capitalize on the move.

The results of trades today were as follows:
GBPUSD: although the trade was correct, the wiggling of the price made me uneasy and I closed this trade for a small loss of -24 pips.
USDJPY: cancelled
USDCAD: profit targets one and two were reached nicely and the 3rd unit was closed on a trailing stop at 1.1078 for a total profit of +22+32+66 = +120 pips
The total profit for the day was: +96 pips

Fr., Mar. 7 Forex Signals

March 8, 2014 at 5:06 pm
This is the copy of the Forex Signals sent out on Friday morning:

Fr., Mar. 7

March 7, 2014 at 12:57 pm
Big news are coming out at 8:30 today and it looks like the market is expecting the news to be bad for the US dollar. On the other hand there are divergences in many major pairs and at least a temporary reverse in the price direction is due. But the problem is that it’s impossible to tell when the reverse is gonna happen.

The euro has made a new 50-day high but today is Friday and there is a divergence on the 30 min. chart. Be ware of a pull back. On the other hand it’s not prudent to stand in front of a locomotive. Thus, I am gonna keep away from the euro today.