The USDJPY hit the stop loss and brought in +172 pips of profit as expected. The market has been consolidating since the last night waiting for the Federal Open Market Committee meeting results. There were 3 signals issued today: The CAD and JPY signals were cancelled later on but the EURUSD worked quite well.
I have moved the stop loss order for the USDJPY trade to 102.02, which if hit will bring +172 pips of profit in addition to the first 2 units sold on Friday.
Nothing doing again this morning. The USD started its drop across the board at night, which is morning in Europe. And jumping on a moving train is a dangerous proposition. Gotta wait. On the bright side there is the profit in the still open USDJPY trade. The stop loss order is moved to 102.66, which … [Read more…]
The still open USDJPY short position that is being held since Friday is cooperating nicely. The pair has been shorted at 103.74 (see the signal here: Fr., Apr. 4 Forex Signals) Now the price is at 102.85 and the stop loss order is moved to 103.16, which if hit will bring +58 pips of profit.
There were no signals today:
It’s never a good feeling to lose money. But that’s a business expense that one can’t do without. 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 … [Read more…]
This Friday’s trading result is pretty much a break even. The EURUSD position from yesterday resulted in the loss of -90 pips. The morning trades on news results were as follows: USDCAD went straight down and brought in +85 pips of profit USDJPY played a roller coaster, which resulted in -61 pips but then it made … [Read more…]
These are the signals that were sent to subscribers in the morning:
Here is an excerpt from an email that I got from one of the subscribers today: “I missed the good sell of rally on the USD/CAD.But was in time to get into USD/JPY and enjoying the profits of that.” Isn’t that wonderful? Such feedbacks is what really motivates me.
I just bought EURUSD at 1.3718 with the stop loss at 1.3688. Will hold it overnight.