Fr., May 30 End of day results: -1 pip

June 2, 2014 at 9:22 pm

Both signals were correct except that the USDCAD moved wildly on the news, which resulted in a big slippage. The order got filled at 1.0869 instead of our but stop at 1.0846. Therefore we closed this trade at a loss of -54 pips.

The GBPUSD got filled but did not go far. We closed this position in the middle of the day with a small profit of +15 pips.

The 3rd unit from our GBPUSD that was open on Monday hit a stop-loss today at 1.6751 for a profit of +38 pips.

Therefore all trades today resulted in a -1 pip loss.

Fr., May 30 Forex trading signals

June 2, 2014 at 9:11 pm

There were the following signals issued:

From: Dave Hughe <[email protected]>
Date: Fri, May 30, 2014 at 7:10 AM
Subject: May 30
To:
GBPUSD Buy 1.6762 SL 1.6718 P1= 1.6782 P2= 1.6792

From: Dave Hughe <[email protected]>
Date: Fri, May 30, 2014 at 7:47 AM
Subject: USDCAD news trade
To:

I don’t like the proximity of the pair to the round number and the MACD divergence on m30. Besides, if the USD goes down we will get our GBPUSD long position filled. Therefore I will place just the long order for the USDCAD pair.

Do not trade if you cannot watch the trade closely:

USDCAD Buy 1.0846 SL 1.0818 P1= 1.0866 P2= 1.0878