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Aug. 19 End of Week Forex signals results: +111 pips of profit

August 18, 2017 at 11:26 am

This week our signals made a total profit of +111 pips.

Fr., Aug. 18 Forex signals results: +75 pips profit

August 18, 2017 at 11:10 am

Our USDCAD short sell signal made +75 pips of profit today:

We sent out the following signal this morning:

From: Dave Hughe <[email protected]>
Date: Fri, Aug 18, 2017 at 8:14 AM
Subject: Aug. 18
To:
USDCAD Sell 1.2630 SL 1.2680 P1= 1.2605 P2= 1.2566

 

This trade reached our first profit target and the stop-loss orders were updated and later triggered at 1.2605 for the total profit of +75 pips:

From: Dave Hughe <[email protected]>
Date: Fri, Aug 18, 2017 at 9:17 AM
Subject: USDCAD SL 1.2605
To:

On the chart this trade looked as shown below:

best forex signals aug18

Th., Aug. 17 Forex signals results: break even

August 17, 2017 at 10:55 am

Today we broke even on our long GBPUSD trade:

From: Dave Hughe <[email protected]>
Date: Thu, Aug 17, 2017 at 8:15 AM
Subject: Aug. 17
To:

GBPUSD Buy 1.2884 SL 1.2840 P1= 1.2904 P2= 1.2928
This trade did not reach our first profit target. The stop-loss was updated and later triggered at the break even price:
From: Dave Hughe <[email protected]>
Date: Thu, Aug 17, 2017 at 10:15 AM
Subject: GBPUSD SL BE
To:

Wd., Aug. 16 Forex signals results: -30 pips loss

August 16, 2017 at 10:43 am

Today’s signal was to short USDCAD:

From: Dave Hughe <[email protected]>
Date: Wed, Aug 16, 2017 at 7:02 AM
Subject: Aug. 16
To:
USDCAD Sell 1.2718 SL 1.2765 P1= 1.2696 P2= 1.2676

The trade was not going as expected and we got out at a small loss of -30 pips:

From: Dave Hughe <[email protected]>
Date: Wed, Aug 16, 2017 at 9:06 AM
Subject: USDCAD SL 1.2728
To:

Tu., Aug. 15 Forex Signals Results: +66 pips of profit

August 15, 2017 at 10:12 am

Our subscribers made +66 pips of profit today.

The original signal was:

From: Dave Hughe <[email protected]>
Date: Tue, Aug 15, 2017 at 7:59 AM
Subject: Aug. 15
To:

USDJPY Buy 110.50 Sl 110.25 P1= 110.70 P2= 110.98

This trade has reached its first profit target making quick +20 pips of profit. Stop-loss orders for the remaining two units were updated and later triggered at 110.79 and 110.67:

From: Dave Hughe <[email protected]>
Date: Tue, Aug 15, 2017 at 8:50 AM
Subject: USDJPY SL 110.67
To:

and

From: Dave Hughe <[email protected]>
Date: Tue, Aug 15, 2017 at 9:00 AM
Subject: USDJPY 2nd unit SL 110.79
To:

Here is the chart:

best forex signals aug15

 

Tu., Aug. 15 Forex signal: Buy USDJPY

August 15, 2017 at 8:38 am

There were no signals yesterday. One Forex signal has been triggered today:

From: Dave Hughe <[email protected]>
Date: Tue, Aug 15, 2017 at 7:59 AM
Subject: Aug. 15
To:

USDJPY Buy 110.50 Sl 110.25 P1= 110.70 P2= 110.98

This trade has reached its first profit target and made +20 pips profit so far. Stop-loss orders for the remaining two units are moved to 110.54

Take your profits while you can

August 12, 2017 at 11:39 pm

How Long To Hold Out On A Position?

No matter what a trader’s skill and experience level is, the question on their minds is how long should they hold a position and where should they get out (exit). Getting out at the perfect moment is significantly harder than coming up with lucrative setups. It does not matter what kind of entry type you have or the trading system, the majority of trades can be completed or destroyed by exits.

The easy part is the entry, but that doesn’t mean you should enter into one unprepared. Experience has taught many traders that well-timed exists can make the difference between making good money and breaking even… even with a great trade.

Profit Targets

Profit target is the predetermined point to get out of a trade with profits to show for it. Profit targets are used in many trading techniques in order to manage the risk in different markets. In fast-changing Forex market setting profit targets is essential and makes a huge difference. Before a trade is considered, a trader needs to know where the profitable exit point is.

The benefits of setting profit targets before opening a trade are:

  • Securing profits before price reverses.
  • Don’t let emotions affect your trading decisions. Emotions can wreak havoc resulting in a huge loss.
  • Eliminating the need to constantly watch open trades.

The key in exiting a trade is to do it when you have a nice profit instead of waiting for the crash markets often take and you getting out due to fear. Now, there’s no reason to shut down the entire position when you get to the predetermined point. Instead, you can close a section off and have a stop loss in place for the rest to ensure you at least break even on the remaining part. This will secure the profit you make and still make money if a larger move occurs afterwards.

Once you’ve figured out where to put the stop loss, you need to put your attention on coming up with a logical profit target placement and the Risk/Reward. You want to be sure that there’s an acceptable Risk/Reward ratio for the trade. If not, then the risk isn’t worth it! How can you know if a risk is worth taking? You’ve got to come up with logical places where to put your stop loss and the profit target and see whether this trade is worth risk taking.

How precisely can you set your profit targets?

Well, pretty often we set our profit targets within just a few pips from price reversals. Just look at the charts of our last real-life trade below and notice how prices  stumble and reverse at the preset Profit taking levels:

best forex signals aug11

This is not a coincidence. You will find plenty of similar trades in our blog. The techniques and methods that we use for predicting price reversal points are simple, straight forward and quite easily repeatable.

Don’t leave your profits to the market. Learn to predict exact price reversal points in our e-book:

Forex Hacking: Learn The Secret Tricks Professional Traders Use To Make A Financial Killing

 

Aug. 11 End of week Forex signals results: +88 pips profit

August 11, 2017 at 3:20 pm

Our Forex signals made +88 pips of profit this week

Fr., Aug. 11 Forex Signals results: +96 pips profit

August 11, 2017 at 10:38 am

Our Forex signals made +96 pips of profit today.

This morning we sent out 2 Forex signals:

From: Dave Hughe <[email protected]>
Date: Fri, Aug 11, 2017 at 7:58 AM
Subject: Aug. 11
To:

USDJPY Buy 109.28 SL 108.90 P1= 109.48 P2= 109.68

USDCAD Sell 1.2699 SL 1.2755 P1= 1.2675 P2= 1.2655
Soon after the USDCAD short sell orders were triggered, we moved the stop-loss to the break-even price andcancelled the USDJPY signal:
From: Dave Hughe <[email protected]>
Date: Fri, Aug 11, 2017 at 8:32 AM
Subject: USDCAD SL BE, USDJPY cancel orders
To:
Both profit targets for the USDCAD signal were reached at almost exactly the projected prices. The third unit’s stop-loss had been updated and later triggered at 1.2671. Therefore the total profit for this trade is +96 pips (see below):
From: Dave Hughe <[email protected]>
Date: Fri, Aug 11, 2017 at 8:46 AM
Subject: USDCAD SL 1.2671
To:
On the chart this trade looked as shown below:
best forex signals aug11

Th., Aug. 10 No signals today

August 11, 2017 at 10:06 am

From: Dave Hughe <[email protected]>
Date: Thu, Aug 10, 2017 at 8:54 AM
Subject: No clear signals today
To: