Nov. 27 end of day

I didn’t have much time to trade today and missed a few opportunities. But that’s the beauty of Forex. It’s always there for you. Never chase a trade, another one is just around the corner.

Anyways, let’s make it more fun and calculate profits/losses in dollars as opposed to pips. Let’s see how much money a person can make or lose trading my system in mini-lots.

If we traded mini lots, today’s transactions would look like this:

USDCAD Bought 0.1 lot at 1.05662, sold at 1.05844, profit $17.20

If you noticed, the purchase and sale prices were different from the original stop orders and that was due to slippage, which I will explain a later time.