Forex Profit Targets Profit target is the predetermined point to get out of a trade with profits to show for it. Usually profit targets are set at potential price turning points. Traders use profit targets in many trading systems in order to manage the risk. In order to estimate you risk/reward per trade, you need … [Read more…]
Our USDJPY short signal generated +107 pips profit today: The original signal was sent out at 9:27 am to short USDJPY: From: Dave Hughe <plainfx@gmail.com> Date: Thu, Feb 16, 2017 at 9:27 AM Subject: Feb. 16 To: USDJPY Sell 113.64 SL 114.05 P1= 113.36 P2= 113.14 This trade reached both profit targets and the 3rd … [Read more…]
We sent out 2 Forex signals today: 1. Buy NZDUSD at 0.7273 From: Dave Hughe <plainfx@gmail.com> Date: Fri, Jan 27, 2017 at 8:38 AM Subject: Jan. 27 To: NZDUSD Buy 0.7273 SL 0.7235 P1= 0.7293 P2= 0.7309 The stop-loss orders for this signal were updated and later triggered at 0.7274: From: Dave Hughe <plainfx@gmail.com> Date: … [Read more…]
Our short USDJPY signal made +136 pips of profit today. Today’s signal was to short USDJPY at 113.27: From: Dave Hughe <plainfx@gmail.com> Date: Tue, Jan 31, 2017 at 8:42 AM Subject: Jan. 31 To: USDJPY Sell 113.27 SL 113.55 P1= 113.07 P2= 112.87 Once the first profit target P1 had been reached, we updated the … [Read more…]