Th., Apr. 17

April 18, 2014 at 7:00 pm

On Thursday there were the following signals:

FX signals Apr18

The USDJPY trade was later cancelled. The GBPUSD stop loss was eventually moved to the break even point and was hit. The AUDUSD trade is still open.

Wd., Apr. 16 Forex Signal

April 17, 2014 at 2:44 am

Today there was just one signal to buy USDCAD, which was cancelled later due to changes in the pair’s technical analysis picture. See below:

Forex Signal Apr16

Forex Update Apr16

Tu., Apr. 15 Forex Signals and results: + 82 pips

April 16, 2014 at 2:54 am

The AUDUSD has slipped on the news and we entered a short position. Both profit targets were reached. The third unit was stopped out at 0.9361. Thus the total profit on this trade is 20+33+8= +61 pips.

The USDCAD trade went up at first but than it stumbled, so we got out with a small profit of 7 pips per unit for a total profit of +21 pips.

The total profit today was +82 pips

AUDUSD trade:
AUDUSD trade Apr15

USDCAD trade:

USDCAD trade Apr15

See the actual signal below:

Forex Signals Apr15

The updates were as follows:

Apr15 update

Apr15 update-1

Apr15 update-2

Mo., Apr. 14 Forex Signals

April 16, 2014 at 2:40 am

Hi everyone,

I moved the blog here and hope that you like it. On Monday we got a fill on the long AUDUSD position but unfortunately it did not work out. The total loss was -114 pips. See below:

Forex Signals Apr14

Apr. 12. End of week results: +380 pips (Total: +3,140 pips)

April 11, 2014 at 4:00 pm

The Sun always comes up after dark. This week has more than compensated for the previous week’s loss by bringing in additional +380 pips of profit.

The 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
Week 16: +  11 pips
Week 17: +325 pips
Week 18: +  80 pips
Week 19: – 133 pips
Week 20: + 380 pips

Total: +3,140 pips

Fri., Apr. 11 end of day results: +147 pips profit

April 11, 2014 at 3:44 pm
I closed all positions and called it a week. Going flat over the weekend helps to clear my mind.

The trading results today were as follows:
EURUSD: one unit bought at 1.3816 and sold at 1.3878 with +62 pips of profit
GBPUSD: three units shorted at 1.6758. The 1st unit covered at 1.6738, the second unit covered at 1.6728 and the 3rd unit covered at 1.6723. The total profit on this trade is +85 pips.
Thus, the total profit realized today is +147 pips.

Fr., Apr. 11 Morning profits: +112 pips

April 11, 2014 at 11:46 am
Good morning!

The USD started its move earlier than usual today. Therefore I did not have time to place any new orders. Oh, well. Friday is always a short day for me.
GBPUSD position held since yesterday reached both profit targets for the +50 pips profit. The 3rd trading unit is still open with the SL at 1.6751.
EURUSD position got closed at 1.3878 with the profit of +62 pips. 
It’s not even 8am and we have already collected +112 pips of profit. Good morning indeed!

Th., Apr. 10 end of day results mixed

April 11, 2014 at 12:01 am
The EURUSD pair continued its upward move today but the divergence is still there. Also, today was the 4th day of the non-stop upward move. Therefore I moved the SL closer and placed it at 1.3868, which is just underneath the previous resistance of 1.3870 and this is also right under the latest pivot point of 1.3873.


Since tomorrow is Friday and the ECB President Draghi is due to hold a press conference, in Washington DC on Saturday, I am not willing to leave this trade open over the weekend. So, what I am going to do is I am going to add a profit target to this position and set it at 1.3918. This is for the case there will be a run up in price during the European session. If not, I will trail the price tightly tomorrow and will close this position at the end of the day.


The GBPUSD pair started to move down this morning but moved up as soon as I got on board. This is exactly the type of the situation when people start taking things personally and come up with all kinds of conspiracy theories. I look at it the way Forrest Gump did: “S… happens!”
Seriously speaking, the GBPUSD pair was shorted at 1.6758 and the stop loss order is set at 1.6806. I had reasons for opening this trade and those reasons are still valid. This is why I am still holding this position open.

Th., Apr. 10 Morning

April 10, 2014 at 1:33 pm
The Unemployment Claims number released by Dept. of Labor this morning was better that expected but it did not affect the USD price.

Today is the fist day of the G20 meeting and markets are most likely going to trade sideways while waiting for speeches of the G7 leaders and further developments.
None of the Plain Forex Signals issued this morning was triggered today. There a signal to short GBPUSD, which is still open.
The EURUSD position opened yesterday is still open with the stop loss order at 1.3844. If filled, this stop loss order will contribute additional +28 pips of profit to the yesterday’s trade.

Wd., Apr. 9 End of day results: +61 pips and counting

April 10, 2014 at 3:54 am
The long EURUSD trade reached both profit targets today for a total profit of +61 pips. One unit remains open with the stop loss at the break even price.