The up to date results since the start of 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: + 220 pips Week 8: +155 pips Week 9: + 23 pips Week 10: … [Read more…]
We went long EURJPY today. The signal was as follows: EURJPY Buy 139.14 SL 138.59 P1= 139.34 P2= 139.48 So far the pair has been teasing us by moving up in little tiny steps. It stopped short just 0.4 pips away from our first profit target and pulled back somewhat. Since it might be due … [Read more…]
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 … [Read more…]
There were the following signals issued: From: Dave Hughe <plainfx@gmail.com> 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 <plainfx@gmail.com> Date: Fri, May 30, 2014 at 7:47 AM Subject: USDCAD news trade To: I don’t like the proximity of the … [Read more…]
The European banks are closed today and therefore we did not open any new trades today. We did attempt to trade the USDCAD on the news releases but the price did not move much. We are still holding our short position in GBPUSD. Our EURJPY and USDJPY positions opened yesterday reached their respective first profit … [Read more…]
We have shorted EURJPY and USDJPY today. See the signals below: From: Dave Hughe <plainfx@gmail.com> Date: Wed, May 28, 2014 at 7:36 AM Subject: May 28 To: USDJPY Sell 101.69 SL 102.11 P1= 101.51 P2= 101.36 EURJPY Sell 138.57 SL 139.41 P1= 138.17 P2= 137.71 USDCAD Sell 1.0832 SL 1.0881 P1= 1.0803 P2= 1.0786 The … [Read more…]
Later during the day we shorted GBPUSD (see the signal below): From: Dave Hughe <plainfx@gmail.com> Date: Tue, May 27, 2014 at 10:52 AM Subject: New order To: GBPUSD Sell 1.6789 SL 1.6856 P1= 1.5753 P2= 1.6733 This trade has reached its first profit target (+36 pips). The current stop-loss order for the remaining 2 … [Read more…]
The banks were closed yesterday in the U.S. and in the U.K. Today is a quite day. We issued the following signal: From: Dave Hughe Date: Tue, May 27, 2014 at 7:49 AM Subject: May 27 To: There is no clear direction to the market and therefore there are no orders. The news trade (do … [Read more…]
The following signal had been issued on Friday: From: Dave Hughe <plainfx@gmail.com> Date: Fri, May 23, 2014 at 7:35 AM Subject: May 23 To: USDCAD Sell 1.0881 SL 1.0921 P1= 1.0861 P2= 1.0851 As the long weekend was coming, the trade has been closed at 1.0865 for a total profit of 45 pips (see the … [Read more…]
The signals issued today were not triggered. The following signals were issued at night: From: Dave Hughe <plainfx@gmail.com> Date: Thu, May 22, 2014 at 4:28 PM Subject: New orders To: NZDUSD Sell 0.8548 SL 0.8586 P1= 0.8528 P2= 0.8516 EURJPY Buy 139.03 SL 138.64 P1= 139.23 P2= 139.33 Technically, the EURJPY trade was not triggered … [Read more…]