Th., Aug. 21. Forex Signals & Trading Results: +185 pips profit in 2 days.

August 21, 2014 at 3:48 pm

Our USDJPY & EURJPY long trades brought in +185 pips of profit.

1. USDJPY buy signal. Total profit +128 pips:

Date: Mon, Aug 18, 2014 at 1:48 PM
Subject: New order
USDJPY Buy 102.71 SL 102.29 P1= 102.88 P2= 102.98

USDJPY trade Aug21

 2. EURJPY buy signal. Total profit +57 pips:

Date: Tue, Aug 19, 2014 at 7:47 AM
Subject: August 19
EURJPY Buy 137.30 SL 137.69 P1= 137.48 P2= 137.78

The first unit reached the first profit target P1 at 137.48. The remaining 2 units were stopped out at 137.49 making the total profit for this trade: +57 pips.

 

Wd., Aug. 20. Our today’s EURJPY trade realized +17 pips profit & 2 units are still open.

August 20, 2014 at 3:08 pm

We went long EURJPY today at 137.31. The first profit target is reached for +17 pips of profit and 2 units are still open:

From: Dave Hughe <plainfx@gmail.com>
Date: Tue, Aug 19, 2014 at 7:47 AM
Subject: August 19
To:
EURJPY Buy 137.30 SL 137.69 P1= 137.48 P2= 137.78

 

Wd., Aug. 20. Our USDJPY long position went up +100 pips

August 20, 2014 at 2:54 pm

The USDJPY long position opened yesterday brought in +33 pips of profit yesterday and keeps growing.

Two units we closed for +33 pips of profit and still holding the 3rd unit with the current stop-loss order at 103.49:

USDJPY trade Aug19

Can I make a living off trading online?

August 20, 2014 at 1:23 pm

Answer by Dave Hughe:

Contrary to what many people believe, almost anyone can make a living off trading online. But only after they master the trading psychology and achieve necessary levels of knowledge, skills, discipline and funds.

Lacking in any of the things above will lead to failure.

Can I make a living off trading online?

Aug. 19, Tu. Forex signals and trades

August 19, 2014 at 10:02 am

We made the following trades this morning:

1) Closed our long position in AUDUSD at the break even point.

2) Went long USDJPY at 102.71

Aug. 18, Mo. Forex signal

August 18, 2014 at 10:31 pm

We went long AUDUSD on the news tonight. So far so good!

From: Dave Hughe <plainfx@gmail.com>
Date: Mon, Aug 18, 2014 at 9:14 PM
Subject: News trade
To:
AUDUSD Buy 0.9328 SL 0.9294 P1= 0.9344 P2= 0.9354

Aug. 15, 2014 End Of Week Forex Trading Results: +36 pips (Total: +4,372)

August 16, 2014 at 12:57 pm

+28.09% Profit Made so far in the Plain Forex Trade Copier Real Account:

Trade Copier Trading Results Aug16

 

The up to date Forex trading results since the start of this blog:

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: –149 pips
Week 11: +465 pips
Week 12: +126 pips
Week 13: + 50 pips
Week 14: +306 pips
Week 15: +201 pips
Week 16: + 11 pips
Week 17: +325 pips
Week 18: + 80 pips
Week 19: –133 pips
Week 20: +380 pips
Week 21: – 32 pips
Week 22: + 66 pips
Week 23: –144 pips
Week 24: +218 pips
Week 25: -109 pips
Week 26: + 51 pips
Week 27: +166 pips
Week 28: +210 pips
Week 29: +157 pips
Week 30: + 52 pips
Week 31: +114 pips
Week 32: +334 pips
Week 33: + 96 pips
Week 34: -207 pips
Week 35: -152 pips
Week 36: +219 pips
Week 37: – 43 pips
Week 38: + 36 pips

Total: +4,372 pips

Aug. 11-15, 2014. Forex Trade Signals & Results: +36 pips

August 16, 2014 at 11:56 am

This week we made 2 trades. Both were closed with small profits:

August 11 Forex Signal:

From: Dave Hughe <plainfx@gmail.com>
Date: Mon, Aug 11, 2014 at 10:51 PM
Subject: Cancel EURUSD buy orders + New order
To:
EURUSD Sell 1.3364 SL 1.34141 P1= 1.3346 P2= 1.3336

EURUSD SHORT TRADE AUG12

 

August 13 Forex Signal:

From: Dave Hughe <plainfx@gmail.com>
Date: Wed, Aug 13, 2014 at 7:54 AM
Subject: August 13
To:
AUDUSD Buy 0.9302 SL 0.9248 P1= 0.9318 0.9334

This signal was updated later:

From: Dave Hughe <plainfx@gmail.com>
Date: Wed, Aug 13, 2014 at 8:52 AM
Subject: AUDUSD SL= 0.9276 P1= 0.9324 P2= 0.9334

The AUDUSD pair reached the first price target and just touched the second price target on the chart but the actual order was not filled. The remaining two units got stopped out at break even.

AUDUSD TRADE AUG.13

Mo.-Th., Aug. 4-7, Forex signals and trades

August 7, 2014 at 9:44 am

This is another slow week.

We shorted EURUSD on Tuesday but were stopped out at break even point. On Wednesday we shorted the GBPUSD pair:

From: Dave Hughe <plainfx@gmail.com>
Date: Tue, Aug 5, 2014 at 11:22 PM
Subject: New order
To:
GBPUSD Sell 1.6843 SL 1.6901 P1= 1.6816 P2= 1.6803

This order is still open with the stop-loss at 1.6861

In Forex, are Doji’s historically a sign of guaranteed turnaround of a trend?

August 6, 2014 at 9:17 pm

Answer by Dave Hughe:

There is no such a thing in markets as guaranteed.

Dodji is a useful technical signal, which indicates indecisiveness in the market but it is much more reliable when used in combination with other signals.

Normally technical traders would want to see at least 2 indicators confirming one another before making a decision.

View Answer on Quora