Answer by Dave Hughe: Scalping in Forex is a style of trading where traders attempt to take advantage of small price fluctuations of currency pairs. Scalpers “jump” in and out of numerous trades within a short period of time trying to make (“to scalp”) a small profit on each trade. Scalpers make tens and even … [Read more…]
The total Forex Signals result for this week is the loss of -70 pips
Today’s second Forex signal made +20 pips of profit: From: Dave Hughe <plainfx@gmail.com> Date: Mon, Mar 23, 2015 at 9:15 AM Subject: New order To: GBPUSD Buy 1.4936 SL 1.4879 P1= 1.4956 P2= 1.4984 The first trading unit reached its profit target. The remaining 2 units were stopped at their break even prices.
Our subscribers made quick profit this morning: From: Dave Hughe <plainfx@gmail.com> Date: Mon, Mar 23, 2015 at 6:09 AM Subject: March 23 To: ERUJPY Buy 130.02 SL 129.48 This trade reached the first profit target and our trailing stops were triggered at 130.19 (see the chart below):
The total Forex Signals result for this week is +264 pips of profit
Today’s Forex signal was to buy EURJPY: From: Dave Hughe <plainfx@gmail.com> Date: Fri, Mar 20, 2015 at 6:03 AM Subject: March 20 To: EURJPY Buy 129.56 SL 128.79 P1= 129.93 P2= 130.16 This trade reached both profit targets and the last unit’s trailing stop was triggered at 130.18 (see the chart below):
Our signal to short EURNZD reached both profit targets and triggered the trailing stop-loss at 1.4371: From: Dave Hughe <plainfx@gmail.com> Date: Thu, Mar 19, 2015 at 8:57 AM Subject: New Order To: EURNZD Sell 1.4398 SL 1.4471 P1= 1.4362 P2= 1.4336
We issued two signals today. One of them got filled: From: Dave Hughe <plainfx@gmail.com> Date: Thu, Mar 19, 2015 at 8:57 AM Subject: New Order To: EURNZD Sell 1.4398 SL 1.4471 P1= 1.4362 P2= 1.4336 This signal reached the first profit target and the price keeps falling.
We did not trade on Monday, made a small profit on Tuesday and refrained from trading today as we did not want to get caught in the volatility. Therefore the trading results this week are pretty much at the break even level so far.
The total Forex Signals Results this week is +124 pips of profit