Fr., Apr. 22 Forex Signal: short AUDUSD

April 22, 2016 at 1:52 pm

Today’s signal was to short AUDUSD:

From: Dave Hughe <[email protected]>
Date: Fri, Apr 22, 2016 at 9:05 AM
Subject: April 22
To:

AUDUSD Sell 0.7719 SL 0.7761 P1= 0.7703 P2= 0.7781

Apr. 15 Forex Signals End Of The Week Results: +229 pips profit

April 15, 2016 at 8:50 pm

This week our signals made +229 pips profit

Our Free Forex Signals 100% on target

April 14, 2016 at 9:57 am

100% of our trade alerts were on target this week

We issued 3 free alerts last week:

On April 11, we wrote:

“On 4-hour chart USDCAD broke down the triangle support line. Further decline below 1.2950 might take the pair to test its 50-days low at 1.2860 area. The nearest support on the way down is at 1.2912.

Result: USDCAD went all the way down to 1.2750

On April 12, we wrote:

There is MACD divergence on the 4-hour USDJPY chart, which might mean at least a temporary price pull back in upwards direction.

Result: The highest USDJPY price that day was 108.78

On April 13, we wrote:

USDJPY went up in accordance with our previous alerts. Overnight the pair broke through the double-bottom resistance line at 109.10. The next price target is 109.72

Result: Exactly as we predicted, USDJPY went up to 109.73 and pulled back.

If you wish to project price targets with the same precision, consider purchasing our e-book: “Forex Hacking”

Wd., Apr. 13 Forex signals results: +21 pips profit

April 13, 2016 at 10:58 pm

Our AUDUSD short sell signal made +21 pips profit today:

———- Forwarded message ———-
From: Dave Hughe <[email protected]>
Date: Wed, Apr 13, 2016 at 8:34 AM
Subject: April 13
To:

AUDUSD Sell 0.7639 SL 0.7681 P1= 0.7618 P2= 0.7603

This trade reached the first profit target and the remainder of the position was closed at the break even price:

———- Forwarded message ———-
From: Dave Hughe <[email protected]>
Date: Wed, Apr 13, 2016 at 9:56 PM
Subject: AUDUSD P1 reached, SL BE
To:

On the chart this trade looks as the following:

best-forex-signals-audusd-apr13

Tu., Apr. 12 Forex signals results: +27 pips profit

April 12, 2016 at 10:14 pm

Our USDJPY buy signal made +27 pips profit today

The original signal is shown below:

———- Forwarded message ———-
From: Dave Hughe <[email protected]>
Date: Tue, Apr 12, 2016 at 7:16 AM
Subject: April 12
To:

USDJPY Buy 108.47 SL 107.98 P1= 108.74 P2= 108.98

Once this trade reached our first profit target, the stop-loss order was moved to the break even point and later was triggered:

———- Forwarded message ———-
From: Dave Hughe <[email protected]>
Date: Tue, Apr 12, 2016 at 12:44 PM
Subject: USDJPY P1 reached, SL BE
To:

On the chart this trade looked as follows:

BEST-FOREX-SIGNALS-USDJPY-apr12

Mo., Apr. 11 Forex signals results: +181 pips profit

April 12, 2016 at 12:15 pm

Our long USDCAD trade made +181 pips of profit.

The original Forex signal is shown below:

———- Forwarded message ———-
From: Dave Hughe <[email protected]>
Date: Mon, Apr 11, 2016 at 7:39 AM
Subject: April 11
To:

USDCAD sell 1.2949 SL 1.3033 P1= 1.2914 P2= 1.2866

This trade reached both profit targets. The third unit’s stop-loss was placed and triggered at 1.2886.

Below is shown how this trade looked on a chart:

Best-Forex-Signals-USDCAD-apr11

How can I have success on Forex?

April 6, 2016 at 10:33 pm

The formula of success in trading and investing is simple:
1.    Make more money than you lose
2.    Never lose more than your account can afford
3.    Compound your wins

The best way to learn anything is by doing. Practically all Forex brokers provide free demo accounts where you can trade in real time with imaginary capital.

Don’t be deceived by the seeming simplicity of trading. Succeeding in trading takes knowledge, skills, experience and A LOT of patience. Learn as much as you can and keep practicing on your demo account.

Once you are consistently profitable trading the demo, start trading with real money but risk as little money as you can. You will see a great difference in your own emotional responses when trading with real money.

Your own emotions and the ability to keep them at check make all the difference in trading. I will go as far as to say that 90% of success in trading is the correct psychology and discipline.

How can I determine the trading/investing style that best fits my personality?

April 5, 2016 at 10:32 pm

Learn about each style and see which ones appeal to you. Then learn deeper those styles that you like and try to trade them in a demo account. That will give you a good idea of what you really like or dislike.

How much tax do I have to pay in Forex?

April 5, 2016 at 10:31 pm

There are no taxes in Forex. Depending on the country of your residence, you might have to pay taxes on your winnings.

In Forex, which trading strategy would you consider having more profit: The Martingale Way or Momentum?

April 5, 2016 at 10:26 pm

There are trading strategies, such as Momentum, Swing trading, Trend Following, and many more. Each of them can be profitable. The size of the profit depends not on the type of the strategy but on the strategy itself.

Martingale is a money management system originally used in gambling. In this system, the betting starts after a certain number of the same event taking place. For example, in a roulette, after a string of black numbers people start betting on the red. The bet size is doubled after each loss in the hope that the streak is about to end.

The problem with this strategy is that the bet size increases too fast and the player runs a big risk of running out of money before the streak ends.