Archive for June, 2015

Our Forex signal today made +48 pips of profit:

From: Dave Hughe <plainfx@gmail.com>
Date: Tue, Jun 30, 2015 at 8:35 AM
Subject: New order
To:
USDCAD Buy 1.2425 SL 1.2389 P1= 1.2438 P2= 1.2448

Both profit targets were reached. The 3rd unit’s stop was moved to 1.2437:

From: Dave Hughe <plainfx@gmail.com>
Date: Tue, Jun 30, 2015 at 9:24 AM
Subject: USDCAD P2 reached, SL 1.2437
To:

On the chart this trade looked like this:

Our Forex signals made +58 pips of profit today.

Out of the 2 short trades today, the AUDJPY trade was closed at the break even point and USDJPY made +58 pips of profit:

USDJPY Sell 122.72 SL 123.11 P1= 122.52 P2= 122.36

We just updated our stop-loss orders for the remaining units to 122.53, which, if hit, will bring +38 pips of profit in addition to the +20 pips made on the first unit:

From: Dave Hughe <plainfx@gmail.com>
Date: Mon, Jun 29, 2015 at 1:03 PM
Subject: USDJPY SL 122.53
To:

From: Dave Hughe <plainfx@gmail.com>
Date: Mon, Jun 29, 2015 at 8:11 AM
Subject: New order
To:
USDJPY Sell 122.72 SL 123.11 P1= 122.52 P2= 122.36

So far, this order has reached its first profit target for +20 pips of profit and current stop-loss orders for the remaining 2 units are placed at 122.65

So far just one of our signals got triggered:

From: Dave Hughe <plainfx@gmail.com>
Date: Mon, Jun 29, 2015 at 7:16 AM
Subject: Update: AUDJPY Sell 93.98 SL 94.31 P1= 93.72 P2= 93.51
To:

As you can see we shorted the AUDJPY pair at 93.98. Currently our stop-loss orders are placed at 93.97, which is a break even point.

Our Forex signals made a profit of +82 pips this week in total.

Our signals made +62 pips of profit today.

Yesterday, we broke even. Today the signal was to buy USDCAD:

From: Dave Hughe <plainfx@gmail.com>
Date: Fri, Jun 26, 2015 at 6:07 AM
Subject: June 26
To:
USDCAD Buy 1.2370 SL 1.2349 P1= 1.2389 P2= 1.2398

Both profit targets were reached and the last unit was closed at 1.2385 for a total profit of +62 pips. On the chart this trade looked like this:

Unlike the securities and futures markets, the foreign exchange market is not controlled by any central governing body. There are no clearing houses and arbitration panels. All members trade with each other based on credit agreements.

At the same time, the reputable retail Forex dealers and brokers are licensed and regulated as providers of financial services in countries where they operate. The following is the list of countries and their regulatory bodies:

• S.A.: National Futures Association (NFA) and Commodity Futures Trading Commission (CFTC)
• Canada: Investment Industry Regulatory Organization of Canada (IIROC) and Canadian Investor Protection Fund (CIPF)
• United Kingdom: Financial Conduct Authority (FCA) and Prudential Regulation Authority (PRA)
• Australia: Australian Securities and Investment Commission (ASIC)
• Germany: Bundesanstalt für Finanzdienstleistungsaufsicht (BaFIN)
• France: Autorité des Marchés Financiers (AMF)

None of our signals was triggered today.

Our NZDCAD trade reached first profit target and the remaining 2 units were stopped at the break even price (see below):

NZDCAD Sell 0.8436 SL 0.8456 P1= 0.8416 P2= 0.8403